On June 3, the United States Senate approved the "Paycheck Protection Program Flexibility Act of 2020" (H.R. 7010). The new law was signed by the President and became effective on June 5.
This law amends the CARES Act and...more
As we reported in a previous article, on May 15, the SBA posted the form of application, with instructions, that borrowers must complete and submit to request forgiveness of all or a portion of their PPP loans based on their...more