Yet another change to the PPP loan program was signed into law on June 5th by President Trump, the Paycheck Protection Program Flexibility Act of 2020. Many borrowers have been focused on what’s best for loan forgiveness instead of what’s best for their business. Perhaps that’s an unintended consequence, but it appears this bill better aligns those two objectives. This webinar recording covers the changes to the law and what they mean to you.
Download: Presentation Slides
Applying for PPP loan forgiveness? Learn how our PPP Services Group can help you submit a complete and accurate application for expeditious and favorable responses.
Please note: We are actively working on incorporating these changes into our PPP Loan Forgiveness Workbook. As with the original version, the updated workbook will be a useful planning tool to do “if, then” analysis regarding your headcount and payroll costs.