Month: June 2020

UPDATE: PPP Flexibility Act and PPP Loan Forgiveness

You likely heard that on June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (“PPPFA”). The PPPFA provides some much-needed clarity and modifications to the Paycheck Protection Program (“PPP”). Overall, the changes are beneficial to employers who applied or are planning to apply for PPP and it appears the government …

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