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June 8, 2020 |

PPP Flexibility Act Extends Loan Deadlines

The Paycheck Protection Program Flexibility Act of 2020, signed into law on June 5, 2020, amends the Paycheck Protection Program (PPP) to give borrowers more freedom in how and when loan funds are spent while retaining the possibility of full forgiveness.

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by Brooke Fishel, Director of Labor Relations