Marco Rubio

@marcorubio ↗

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Last Checked Nov. 20, 2022

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Sat Apr 04 11:16:22 +0000 2020

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Marco Rubio @marcorubio

Second issue is that because of requirement in @SBAgov interim final rule that lenders hold loans for 7 weeks before they can be purchased,we will need a purchase mechanism through @USTreasury or @federalreserve ASAP in order for community banks & FinTech to make #Ppploans 6/13 — PolitiTweet.org

Posted April 4, 2020 Hibernated

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Marco Rubio @marcorubio

The good news is multiple FinTechs including @PayPal & other online lenders are ready,able & willing to process #PPPloans for them & anyone else.But they need @USTreasury to release application for nonbank lenders to become certified. I expect that very early next week. 5/13 — PolitiTweet.org

Posted April 4, 2020 Hibernated

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Marco Rubio @marcorubio

Third issue is that in order for lenders to confidently participate they need further clarity on: - @SBAgov affiliation rules for #SmallBusiness & 501(c)(3) - Inconsistency on general eligiblity requirements for #Ppploans I expect that very early next week as well. 7/13 — PolitiTweet.org

Posted April 4, 2020 Hibernated