Congress Passes PPP Flexibility Act of 2020

(Washington, D.C.) – The newest changes to the Paycheck Protection Program (PPP) were approved by the Senate on June 3 with H.R. 7010, The PPP Flexibility Act of 2020.

The Act will make several modifications to the PPP, simplifying forgiveness, extending application deadlines, and extending the covered period.

Read more about the changes at bkd.com/alert-article/2020/06/congress-passes-paycheck-protection-program-ppp-fixes.

 

Anne Coughlan

BKD CPAs & Advisors

www.bkd.com/

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