Paycheck Protection Program

On June 3rd, the U.S. Senate passed the House version of the Paycheck Protection Program Flexibility Act of 2020. The President is expected to sign shortly. This bill extends and clarifies some of the provisions regarding the Paycheck Protection Program (PPP) that was included in the original CARES Act. The…

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The Coronavirus Aid, Relief and Economic Security Act (CARES Act) introduced several areas of financial assistance for business owners, but one of the more beneficial provisions of the Act is the loan forgiveness outlined under the SBA Paycheck Protection Program (PPP). Most lenders began accepting applications from companies classified as small…

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