Both Democrats, GOP are now on board for a second wave of PPP loans

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Richard Hunt

rhunt@consumerbankers.com
July 28, 2020

In a statement released shortly after Collins and Rubio spoke, Consumer Bankers Association President and CEO Richard Hunt called for more detail on how the loan forgiveness process would work. Hunt said that the most basic current process requires significant resources of a small business, and “Congress must improve the forgiveness language by providing crystal-clear, prescriptive guidance.”