The Thomas Howell Ferguson Blog

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Paycheck Protection Program (PPP) – What do Borrowers and Lenders Need to Know?

What are the Paycheck Protection Program (PPP) loan terms and conditions? Loans will be guaranteed under the Paycheck Protection Program (PPP) under the same terms, conditions, and processes as other 7(a) loans, with certain changes including, but not limited to: The guarantee percentage is 100 percent. No collateral will be required. No personal guarantees will […]

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