Paycheck Protection Program definition

Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

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Paycheck Protection Program means the Paycheck Protection Program established under the CARES Act.

Paycheck Protection Program means the Paycheck Protection Program under the Coronavirus Aid, Relief, and Economic Security Act.

Examples of Paycheck Protection Program in a sentence

• Lender must service and liquidate all covered loans made under the Paycheck Protection Program in accordance with PPP Loan Program Requirements.

• Termination will not affect the guaranty of any covered loan previously authorized by SBA under the Paycheck Protection Program.

• Lender consents and agrees to all rights and remedies available to SBA under the Small Business Act, the Paycheck Protection Program and PPP Loan Program Requirements, as each of those are amended from time to time, and any other applicable law.

• Lender must ensure that a note and all other Loan Documents (as defined in this paragraph) and additional documents are properly executed and take such other actions necessary to fulfill the requirements of the Paycheck Protection Program.

• By making any written demand that SBA purchase the guaranteed portion of a loan, Lender will be deemed thereby to certify that the covered loan has been made, closed, serviced, and liquidated in compliance with the Paycheck Protection Program and PPP Loan Program Requirements.

More Definitions of Paycheck Protection Program

Paycheck Protection Program means the Paycheck Protection Program established under Section 1102 of the CARES Act, as implemented from time to time by the SBA.

Paycheck Protection Program means the U.S. Small Business Administration Paycheck Protection Program under Division A, Title I of the CARES Act.

Paycheck Protection Program means the Paycheck Protection Program as defined in section 7(a)(36) of the Small Business Act of 1953 (15 U.S.C. 636(a)(36)), as amended by the CARES Act, as amended from time to time, and together with the regulations and guidance issued by the SBA and other applicable Governmental Body with respect thereto.

Paycheck Protection Program means the Paycheck Protection Program, Section 1102 of Title I of the Coronavirus Aid, Relief, and Economic Security Act, as the same may be amended from time to time, and the rules and regulations promulgated thereunder.

Paycheck Protection Program means that certain loan program originating from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Pub. L. 116-136, 135 Stat 281.

Paycheck Protection Program means the Paycheck Protection Program established pursuant to Title I (Keeping American Workers Paid and Employed Act) of the Coronavirus Aid, Relief, and Economic Security Act enacted on March 27, 2020, as amended.

Paycheck Protection Program means the Paycheck Protection Program of the CARES Act, as implemented pursuant to any interim final rule (together with any further interim rule and final rule, and all guidance issued by the SBA with respect to Paycheck Protection Program loans) which provides for the forgiveness of a loan under such program for qualified expenses incurred during an eight-week period commencing on the date on which such PPP Loan is advanced.