Rep. Stefanik: President Trump Signs Stefanik-Cosponsored Paycheck Protection Program Flexibility Act Into Law
June 06, 2020
June 06, 2020
SARATOGA, New York, June 6 -- Rep. Elise Stefanik, R-New York, issued the following news release:
President Donald Trump signed the Paycheck Protection Program Flexibility Act into law. This bipartisan legislation will provide flexibility for small businesses who have utilized PPP loans. Specifically, this legislation extends the period businesses can utilize funds and receive forgiveness to 24 weeks, allows a greater portion of the loan to be utilized on non-payroll expenses, ensur . . .
President Donald Trump signed the Paycheck Protection Program Flexibility Act into law. This bipartisan legislation will provide flexibility for small businesses who have utilized PPP loans. Specifically, this legislation extends the period businesses can utilize funds and receive forgiveness to 24 weeks, allows a greater portion of the loan to be utilized on non-payroll expenses, ensur . . .