FinCEN Renews Real Estate Geographic Targeting Orders (GTOs)
November, 12 2020
The Geographic Targeting Order (GTOs) was extended through May 4, 2021. This order imposes data collection and reporting requirements on companies involved in certain residential real estate transactions.
On October 8, 2020, The Small Business Administration (SBA) and the Treasury Department announced the release of a new, further simplified forgiveness application for PPP borrowers with loans of $50,000 or less.