CBAI Guidance During COVID-19 Crisis


January 19, 2021
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SBA Releases More Information on Second Draw PPP Loans   How to Calculate Revenue Reduction and Maximum Loan Amounts Including What Documentation to Provide »   How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide - By Business Type »   IBAT's PPP Round 2 Summary »   SBA PPP Resource Page »   Treasury Resource Page »   
 
January 14, 2021
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SBA Will Reopen Friday for More Lenders; Fully Open Next Tuesday

January 9, 2021
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SBA PPP Rollout Update  Late yesterday, the Small Business Administration (SBA) released the following forms and guidance regarding the rollout of the next round of the Paycheck Protection Program (PPP) funding.
January 8, 2021 
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SBA PPP Rollout Update  

    January 7, 2021
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    SBA Issues Funding Rules for the Next Round of PPP

    January 4, 2021 
    New Economic Impact Payments (EIP) 

    Additional Federal and State Resources for Community Banks:
    CBAI Survey - Chicago area only: What is Your Bank Doing? »  (November 12, 2020)
    CBAI Survey - all Illinois except Chicago area: What is Your Bank Doing? »  (November 12, 2020)
    CBAI Tips for Creating Safe Community Banks » 
    CDC Guidance on Workplace Cleaning and Disinfecting »
    COVID-19 Resources from CBSC Preferred Providers »
    COVID-19 Scam Reports, By the Numbers »
    Economic Innovation Group »
    FDA Expands Hand Sanitizer Warnings »
    FDIC »
    Federal Reserve »
    FinCEN »
    FSSCC: Financial Sector Return-to-Normal Operations Resource Guide »
    ICBA »
    IDFPR Guidance: Legal Lending Limit for PPP Loans for State Chartered Banks »
    IDFPR and SBA Webinar on PPP Forgiveness for Borrowers »
    IDFPR and SBA Webinar on PPP Forgiveness for Lenders »
    Illinois Department of Commerce and Economic Opportunity: Guidance for Essential Employees Reporting to Work »
    Illinois Department of Commerce and Economic Opportunity: Small Business Emergency Loan Fund »
    Illinois State Treasurer's Office: Small Business COVID-19 Loan Program »
    OCC »
    Small Business Administration: Paycheck Protection Program Loans Frequently Asked Questions »
    The White House »
    U.S. Senate Committee on Small Business & Entrepreneurship: The Small Business Owner's Guide to the CARES Act »
    U.S. Small Business Administration »
    U.S. Small Business Administration: PPP Loan Report updated 06/30/2020 »
    Updated Paycheck Protection Program Report: Second Round »
    Updated Talking Points from CBAI »

     

    October 9, 2020
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    October 8, 2020, 2020
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    • SBA Updated Guidance on PPP Deferral Period    See FAQs »

    July 23, 2020
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    July 14, 2020
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    June 23, 2020
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    June 11, 2020
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    May 23, 2020
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    May 21, 2020
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    May 15, 2020

    May 13, 2020
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    April 30, 2020
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    April 29, 2020
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    • SBA Issued Paycheck Protection Program (PPP) Lending Operations Update   

    April 28, 2020
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    April 26, 2020
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    April 25, 2020
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    April 24, 2020
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    • SBA Will Resume Payroll Protection Program on Monday, April 27 at 9:30am   See Statement »
    • SBA Issues Voluntary Survey

    April 24, 2020
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    April 14, 2020
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    April 14, 2020
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    April 11, 2020
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    • SBA Provides Guidance on PPP Authorizations, Terms and Conditions

    April 8, 2020
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    • New FAQ's from U.S. Department of Treasury Answer Important Questions   See FAQ's »

    April 7, 2020
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    • SBA Launches PPP Portal, Issues FAQs

    April 3, 2020
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    April 2, 2020
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    • Paycheck Protection Program Interim Final Rule from the ICBA. We have not had any time to analyze it but I wanted to send it out ASAP. We will continue to look at the rule and hopefully send out more information tomorrow.  Click Here to View the Final Rule »

    April 1, 2020
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    March 31, 2020

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    March 30, 2020
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    March 27, 2020
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    March 26, 2020
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    • Governor Announces Illinois Small Business Emergency Loan Fund   Read More »
    • Federal Stimulus Bill   Final Bill »
    • CBAI Meets with the Illinois Congressional Delegation to Discuss the Community Bank Response to COVID19   County Recorder Office List »
    • State Officials Considering Easing Restrictions on Electronic Notary During Crisis
    • Additional Quick Takes from CBAI   See Talking Points
    • CBAI Webinars: More Locations, Faster Delivery   Webinars »

    March 23, 2020

    March 20, 2020
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    March 20, 2020
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    March 18, 2020
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    March 17, 2020
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    • IDFPR issued guidance on bank lobby closings

    March 16, 2020
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    • CBAI Has Been in Daily Contact with Regulators