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.
Procedural guidance on lender PPP processing fees
Yesterday evening, the SBA issued Procedural Notice 5000-20091 [click on the DOWNLOAD.PDF link], "Second Updated Paycheck Protection Program Lender Processing Fee Payment and 1502 Reporting Process," an update to Procedural Notice 5000-20036, which informs PPP lenders of the reporting process through which they will report on PPP loans and collect the processing fee on fully disbursed loans that they are eligible to receive. The update addresses changes made by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (P.L. 116-260), including new First Draw PPP Loans and Second Draw PPP Loans.
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