PPP: Related Risks and Lender Servicing Responsibilities for Community Banks
Wednesday, August 18, 2021
10:00 am – 11:45 am
Join NJBankers for a complimentary webinar on PPP: Related Risks and Lender Servicing Responsibilities for Community Banks.
Attendees of this webinar will gain a deeper understanding of the PPP and the related risks and issues for community banks. Understand relevant legislation and overall program statistics, discuss lender eligibility requirements and the related BSA/AML expectations in order to originate PPP loans, review the PPP rules related to the lender held harmless provisions, and examine the various enforcement mechanisms and potential liability for lenders that originated PPP loans.
Understand the PPP Guaranty Purchase & Charge Off process and Lender Servicing Responsibilities. Attendees will review recent guidance published by SBA which clarifies how Lenders must document and address loans in liquidation, default, or regular servicing after the initial deferment period expires.
10:00 a.m. to 11:00 a.m. – PPP and Community Banks: Overview and Risks
Derek Adams, Partner, Potomac Law
Jesse Morton, Director - Disputes, Compliance and Investigations, Stout
11:00 am – 11:45 am – PPP Guaranty Purchase & Charge Off process and Lender Servicing Responsibilities
Christopher A. Meccariello, Chief Operating Officer, Innovative Financing Solutions
Registration Information: This webinar is complimentary for NJBankers members.
Register in advance for this webinar: