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On April 24, 2020, the U.S. Small Business Administration (SBA) posted an interim final rule relating to promissory notes, authorizations, affiliation, and eligibility in connection with the implementation of a temporary new program, titled the Paycheck Protection Program.  The Paycheck Protection Program was established under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).  This interim final rule revised the interim final rule posted on April 24, 2020, by extending the date by which certain Paycheck Protection Program borrowers may repay their loans from May 7, 2020 to May 14, 2020, in order to avail themselves of a safe harbor with respect to a certification required by the CARES Act, and made other conforming changes. This rule will be finalized and codified as part of a single consolidated rule.