CARES Act Paycheck Protection Program (PPP): Update and Review of Recent Guidance

Legal & Regulatory Compliance

With the focus on additional funding for the Paycheck Protection Program (PPP), it is the perfect time to consider lessons learned, review recent developments, and create strategies for navigating the PPP lending process moving forward. 
Topics reviewed:

  • Brief overview of the PPP
  • Review of recent guidance
  • Interim Final Rule #2
  • Interim Final Rule #3
  • Treasury‚Äôs FAQs
  • Strategies for the next round of PPP lending


Michael Fuchs
Director of Commercial Lending
Wolters Kluwer

Michael Fuchs is director of commercial lending at Wolters Kluwer, where he is focused on helping financial institutions grow their commercial lending portfolios through sound risk management and compliance practices. Fuchs specializes in helping banks and credit unions implement automated solutions and strategies that make their commercial lending processes more efficient and compliant with regulatory and industry rules. Prior to joining Wolters Kluwer in 1998, he founded the Medici Commercial Lending Documentation System. It was later acquired by PCi Corporation, which was subsequently acquired by Wolters Kluwer. Michael earned is juris doctorate from Harvard Law School in Cambridge, Massachusetts. He can be reached at

Pat Ditlevson, CRCM
Principal Consultant, Regulatory Compliance Analysis & Professional Services
Wolters Kluwer

Pat leads the team of consultants providing commercial content and professional services related to commercial content and products. Pat has worked closely with lenders of all sizes to improve their commercial lending processes and documentation. With 26+ years of experience, she provides compliance expertise through research, content creation, new product line development, jurisdiction expansion, assessments and product implementations.

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Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its


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