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CARES Act: The SBA’s Paycheck Protection Program—Congress Passes the Paycheck Protection Flexibility Act - Update 2020

On June 8, 2020, U.S. Department of the Treasury (Treasury) Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza issued a statement regarding the enactment of the Paycheck Protection...more

CARES Act: The SBA’s Paycheck Protection Program—Congress Passes the Paycheck Protection Flexibility Act

On June 3, 2020, Congress passed the Paycheck Protection Flexibility Act of 2020 (the Act). The Act eases restrictions on Paycheck Protection Program (PPP) loans and gives business owners more flexibility in spending loan...more

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