COVID-19 Insights – Webinar #6
PPP Flexibility Act of 2020 and What It Means to You
The Paycheck Protection Program (PPP) Flexibility Act of 2020 was signed into law on June 5th and it contains a number of changes (and good news) for small businesses. It eases the restrictions on how the PPP loan money must be spent in order to be forgiven. Our team has been analyzing the numerous changes in the legislation. This webinar breaks down the significant changes as of June 11, 2020 and what they mean to you and your business or organization.
Please visit our COVID-19 Resource Center often for regular updates on news and information.
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This webcast and slidedeck contains general information, may be based on authorities that are subject to change, and is not a substitute for professional advice or service. Information related to COVID-19 is accurate as of the live date of this webinar.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is new legislation, and constantly in flux. It contains complexities that cannot be resolved with certainty until regulations are issued and/or courts issue opinions. While we will advise you about these issues using our professional judgment and knowledge, we cannot guarantee that positions taken on CARES Act matters, including the Paycheck Protection Program (PPP) will be sustained.