CUNA wrote in support of the PPP Forgiveness Act Wednesday, a bill that would simplify forgiveness of PPP loans under $150,000. Credit unions have issued thousands of PPP loans, including more than 60,000 loans averaging $49,000 each from the smallest credit unions.
https://news.cuna.org/articles/118059-ppp-forgiveness-bill-would-remove-regulatory-hurdles
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