Tag Archives: Paycheck Protection Program Flexibility Act of 2020

US Executive Branch Update – June 6, 2020

By Stacy Swanson on June 6, 2020 Posted in COVID-19, US Executive Branch

This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases.… Continue Reading

New PPP Legislation Improves Borrower Flexibility – Senate Committee Insists on Disclosure of PPP Recipients and Related Data

By Kirk Beckhorn, Pablo Carrillo, Keith Bradley, Karen Harbaugh, George Schutzer and Tom Reems on June 5, 2020 Posted in COVID-19, Economic Development, Financial Services

On June 5, 2020, President Donald Trump signed into law a bill, the Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010), that will give borrowers of the US$670 billion PPP more time to spend the PPP proceeds and use them on a broader range of expenses while still qualifying to have the loans forgiven. … Continue Reading