Procedural notice 5000-851892

Guidance on the Return of Paycheck Protection Program (PPP) Loan Funds

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The purpose of this Notice is to provide guidance to Borrowers, Lenders, and Other Financial Intermediaries on the return of Paycheck Protection Program (PPP) loan funds to SBA. This Notice also provides PPP Lenders with guidance on their responsibility to accept returned PPP loan funds.

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Effective: December 18, 2023
Last updated February 5, 2025