{"id":"AGY-FED-FINANCIAL-037","kind":"context","level":"federal","jurisdiction":"United States; National Credit Union Administration (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"NCUA","authority":"12 U.S.C. § 1790d; § 1766(a)","instrument":"Letter to Credit Unions 20-CU-11","title":"Regulatory Treatment for Paycheck Protection Program Loans","dateIssued":"2020-04-01","effective":"April 2020","end":"Applied through the PPP\u0027s life","startDate":"2020-04-01","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER"],"addressees":["federally insured credit unions participating in the PPP"],"clause":"Regulatory Treatment for Paycheck Protection Program Loans [Letter No. 20-CU-11, April 2020; PPP loans receive a zero percent risk weight and are excluded from certain net worth and member business loan calculations]","enforcement":"12 C.F.R. part 702","functions":["BL business lending (PPP)","OP capital"],"notes":"Credit-union counterpart of Ex. 026","sourceUrl":"https://www.ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/regulatory-treatment-paycheck-protection-program-loans","snapshot":"https://web.archive.org/web/2021/https://www.ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/regulatory-treatment-paycheck-protection-program-loans","fileExists":true,"fileBytes":478361,"grade":"primary","character":"context","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-037","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-037","citation":"NCUA, Letter to Credit Unions 20-CU-11 (Apr. 1, 2020) (Ex. AGY-FED-FINANCIAL-037)","stateName":"","related":["AGY-FED-FINANCIAL-034","AGY-FED-FINANCIAL-035","AGY-FED-FINANCIAL-033","AGY-FED-FINANCIAL-038","AGY-FED-FINANCIAL-103","AGY-FED-FINANCIAL-031","AGY-FED-FINANCIAL-032","AGY-FED-FINANCIAL-036","AGY-FED-FINANCIAL-043","AGY-FED-FINANCIAL-042"]}