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President Signs Reed-backed PPP Loan Flexibility Act Into Law
June 06, 2020
WASHINGTON, June 6 -- Sen. Jack Reed, D-Rhode Island, issued the following news release on June 5:

Thousands of Rhode Island small businesses are getting some much needed certainty, clarity, and flexibility thanks to a new law that was cosponsored by U.S. Senator Jack Reed (D-RI) and signed into law.

The Paycheck Protection Program Flexibility Act, which Reed helped pass, extends the Paycheck Protection Program (PPP) loan forgiveness period from 8 weeks to 24 weeks, an . . .

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