Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
New letter of agreement required for PPPLF
A new letter of agreement (LOA) is required to receive new advances from the Paycheck Protection Program Liquidity Facility (PPPLF). The program will continue to be available to eligible participants that pledge any SBA-guaranteed Paycheck Protection Program (PPP) Loans that they have originated or purchased, which may include second draw loans or loans that are increased pursuant to the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act). All PPP loans pledged to the PPPLF must meet all applicable SBA and PPPLF requirements. Any institution that plans to request a new advance under the PPPLF must execute an updated LOA as amended on January 14, 2021.