As a result of recent amendments to the PPP program requirements to ensure consistency with the First Step Act of 2018 (Pub. L. 115-391, SBA is revising the question on Form 2483 and Form 2484 (OMB Control Number 3245-0407) regarding felony convictions to limit the types of reportable felonies within the past 5 years to “a felony involving fraud, bribery, embezzlement, or a false statement in a loan application or an application for federal financial assistance,” and to limit the timeframe for “any felony” to within the last year.
| File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
| Author | Curtis Rich |
| File Modified | 0000-00-00 |
| File Created | 2021-01-11 |