Marco Rubio

@marcorubio ↗

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Last Checked Nov. 20, 2022

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Fri Apr 10 13:30:59 +0000 2020

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Marco Rubio @marcorubio

#PPP UPDATE 3/7: Lender Liquidity: -@federalreserve announced further details for its lending facility to create a secondary market for #PPPloans on Thursday -@FDICgov relaxed regulations on banks’ leverage ratio for all PPP loans on Thursday. — PolitiTweet.org

Posted April 10, 2020 Hibernated

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Marco Rubio @marcorubio

#PPP UPDATE 2/7: Status of issues still being reported in the media. Banks Only Lending To Existing Customers:Treasury released non-bank lender application to approve new non-bank lenders into PPP. Will allow businesses without existing customer relationships to access PPP — PolitiTweet.org

Posted April 10, 2020 Hibernated

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Marco Rubio @marcorubio

#PPP UPDATE 4/7: Lenders Need Forms To Close & Disburse Funds: -Treasury released updated FAQ document that allows lenders to use their own note or an SBA promissory note to close & disburse funds. -In addition SBA developing a standard note but needs OMB approval. — PolitiTweet.org

Posted April 10, 2020 Hibernated