Episode 2: PPP Legislative Updates That Impact 1502 Filings and Procedures for Submission

By: Samir Agarwal - https://www.wolterskluwer.com/en/experts/samir-agarwalAnd Special Guest - Lori McCausland - https://www.linkedin.com/in/lori-mccausland/Banking Compliance Insights is a podcast series created to deliver insights on compliance trends and provide strategies for navigating today’s regulatory and risk environments. Our new podcast, “PPP Legislative Updates That Impact 1502 Filings and Procedures for Submission,” focuses on how the Small Business Administration has started accepting 1502 filings, a process that triggers the payment of PPP loan processing fees to PPP lenders. In this two-part podcast series, Wolters Kluwer® Vice President, Banking Compliance Solutions, Samir Agarwal has invited Lori McCausland, a Senior Associate with JR Bruno and Associates, dig deeper into the process for submitting 1502 filings and tracking payments. Special topics discussed include the impact of cancellations, partial forgiveness, and servicing on 1502 filings.Podcast Product Spotlights: Paycheck Protection Program Supported by TSoftPlus™ - https://www.wolterskluwer.com/en/solutions/tsoftplus/sba-tsoftplusWant customized compliance strategies? Sign up for a custom demo by clicking https://www.wolterskluwer.com/en/about-us/organization/governance-risk-and-complianceListen to more Banking Compliance Insights by Wolters Kluwer here https://bit.ly/2G8FlsoFor more information and additional guidance, please visit www.WoltersKluwer.com or call 1-800-397-2341. Please join us for future podcasts focused on navigating emerging trends in regulatory compliance.DISCLAIMER: The information and views outlined in this Wolters Kluwer Financial Services’ communication are general in nature and are not intended as legal or professional advice. Although based on the law and information available as of the date of publication, general assumptions have been made by Wolters Kluwer Financial Services that may not take into account potentially important considerations to specific businesses. Therefore, the views and information presented in Wolters Kluwer Financial Services’ communication may not be appropriate for you. Readers must also independently analyze and consider the consequences of subsequent developments and/or other events. Readers must always make their determinations in light of their specific circumstances.