June 8, 2020

Congress modifies terms of PPP to provide borrowers with greater flexibility

Aaron Cutler, Ari Fridman, Madelyn Healy, James Wickett, David Winter

Hogan Lovells

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On June 5, H.R. 7010, the Paycheck Protection Program Flexibility Act (the PPP Flexibility Act or Act), was signed into law. The bill had previously passed the House and Senate with strong bipartisan votes.

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