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Sen. Wyden Introduces Bipartisan Bill to Extend PPP Loan Deadline From Eight to 16 Weeks
May 14, 2020
WASHINGTON, May 14 -- Sen. Ron Wyden, D-Oregon, issued the following news release:

U.S. Senator Ron Wyden, D-Ore., joined U.S. Senator Joe Manchin, D-W.Va., to introduce the bipartisan Paycheck Protection Program Deadline Extension Adjustment for Loans (DEAL) Act.

The legislation would extend the loan forgiveness period from eight to 16 weeks and amend the rehire date from June 30 to 16 weeks after the Paycheck Protection Program (PPP) loan is awarded. It was also cosp . . .

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