More flexible PPP terms
Congress and the Trump Administration have significantly loosened the terms of Paycheck Protection Program loans in recent weeks, even as the June 30th deadline for applying for the loans is quickly approaching.
On June 3, Congress passed the PPP Flexibility Act to offer borrowers more latitude in how they use their PPP loans and to broaden the terms of loan forgiveness.
On June 8, Treasury and Small Business Administration officials said ...more....