Get Lenders require guarantee or individual guaranties whenever extending brand new maturity away from a great PPP financing otherwise and then make other loan variations?
Get Lenders require guarantee or individual guaranties whenever extending brand new maturity away from a great PPP financing otherwise and then make other loan variations? Zero. Section 7(a)(36)(J) of your Home business Operate will bring one to to have PPP loans “(i) zero private make sure will be necessary for the newest safeguarded loan; and …