SBA Paycheck Protection Program

The Paycheck Protection Program (PPP) provides $349 billions in loans to small businesses as a direct incentive for those businesses to keep their workers on the payroll. Federally insured credit unions are among the institutions that can issue loans.

NASCUS held a teleconference examining the Paycheck Protection Program and the CARES Act. The teleconference recording can be found here.

As of May 26, 2020

STATE PPP GUIDANCE

Connecticut

Illinois

Iowa

Massachusetts 

New York

FEDERAL PPP GUIDANCE

Small Business Administration (SBA)

National Credit Union Administration (NCUA)

Consumer Financial Protection Bureau (CFPB)

Financial Crime Enforcement Network (FinCEN)