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Commissioner Gonzales Issues Statement on Government Guaranteed Loans

INFORMATION FOR TENNESSEE STATE-CHARTERED BANKS
Friday, April 03, 2020 | 02:24pm

We have received queries regarding SBA loans, including the Paycheck Protection Program (PPP). As a reminder, the portions of loans which are guaranteed by the federal government or its agencies, do not count towards the bank’s legal lending limit.

Please contact Assistant Commissioner-Bank Division Tod K. Trulove at 615-289-2156 with any questions.

 

Commissioner Gonzales Statement on Government Guaranteed Loans