Rep. Payne Clarifies Paycheck Protection Program Flexibility Act for Local Businesses
June 11, 2020
June 11, 2020
WASHINGTON, June 11 -- Rep. Donald M. Payne Jr., D-New Jersey, issued the following statement regarding the Paycheck Protection Program Flexibility Act after hearing concerns from constituents about taking coronavirus stimulus funds:
The new law (H.R. 7010) modifies the Payment Protection Program established in the CARES Act stimulus package with extensions for companies to qualify for loan forgiveness. Also, it includes new provisions to allow employers to forego repayment of the l . . .
The new law (H.R. 7010) modifies the Payment Protection Program established in the CARES Act stimulus package with extensions for companies to qualify for loan forgiveness. Also, it includes new provisions to allow employers to forego repayment of the l . . .