Knowledge • News • Insights

In Partnership With

Michigan Business Network: HR Collaborative MBN-Banner-Ads-950x90-01

Daily MBA Bank Beat for May 7th

2019_Bulletin Header_Slim_BB (1)

MBA (Michigan Bankers Association) Highlights

(Click on the articles to read more)

SBA Paycheck Protection Program

(Click on the articles to read more)

  • Download the SBA PPP Customizable Social Media Info-graphic
  • Treasury: Lender Compliance Safeguards PPP Guarantees. Read the FAQs.
  • The Small Business Administration and the Treasury Department confirmed that Paycheck Protection Program borrowers who attempt to rehire employees that were laid off will not have their loan forgiveness amounts reduced if those employees decline the offer to return to work. Read the FAQs.
  • Treasury Secretary Steven Mnuchin said May 4 the administration does not have the authority to alter the percentages companies must allocate for payroll and overhead costs in order to have their emergency loans from the Small Business Administration forgiven.
  • How to Set Up for PPP Forgiveness. Read more.
  • Share your PPP stories with the public and the press. The MBA has created a customizable press release for members. Download the release here.

Under the Dome

(Click on the articles to read more)

  • MBA, ABA and 50 state banking associations expressed strong support for H.R. 1872/ S. 1641, the Enhancing Credit Opportunities in Rural America Act (ECORA) of 2019, urging House and Senate member offices to include this measure as part of any COVID-19 Phase IV package. Read the letter.
  • U.S. Rep. Paul Mitchell asked a federal judge today to block Governor Gretchen Whitmer’s use of emergency executive orders as unlawful. Read more.

Regulators

(Click on the articles to read more)

  • Fed Survey: Coronavirus Pandemic Weakens Demand for CRE, Consumer Debt. Read more.
  • Federal Reserve Expands FAQs on Primary, Secondary Market Credit Facilities. Read the updated FAQs.

Products

(Click on the articles to read more)
For more information on Endorsed Partners and Products,
 click here.

  • Join the Compliance Alliance experts for a free, moderated discussion surrounding the PPP and other banking hot topics.

Professional Development/Online Learning

View Webinar Calendar. Search by topic.

{{cta(‘3aee5f9b-f8fa-4fef-b846-f33200dd7b89’)}}

What's Hot

Mic higan Business Network: Bold LeadHERS purple logo

Bold LeadHERS | Inaugural Episode

Lorri Rischar, MBA, Owner & CEO, EDGE Partnerships, Lansing, Marquette, Chicago, joins Becky Burtka, VP of member engagement, Michigan Chamber, Lansing, MI.Together they Co-Host the new MBN show “BOLD LeadHERS”

Read More »
Mic higan Business Network: Bold LeadHERS purple logo

Bold LeadHERS | Inaugural Episode

Lorri Rischar, MBA, Owner & CEO, EDGE Partnerships, Lansing, Marquette, Chicago, joins Becky Burtka, VP of member engagement, Michigan Chamber, Lansing, MI.Together they Co-Host the new MBN show “BOLD LeadHERS”

Read More »

Get the latest news from MBN right in your inbox

Sign up for our newsletter and never miss a beat.