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COVID-19 Relief Law - New PPP Flexibility Bill Fails Senate

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A Congressional effort to pass a bill easing terms for business owners who take out Paycheck Protection Program ("PPP") loans fell short Thursday as senators headed home for a week long Memorial Day break.

For more information about the PPP Flexibility Bill, see our prior post: https://www.fazziolaw.com/blog/covid-19-relief-law-new-ppp-flexibility-legislation.cfm

The House is expected to take up similar, though not identical, legislation next week that would also extend the window in which businesses can use the money. 

For any questions or assistance, please contact the Attorneys at Fazzio Law, we are in your corner!

Category: COVID-19 Relief Law

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