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Sen. Schumer Announces Senate Passage of Critical Reforms to Paycheck Protection Program
June 11, 2020
WASHINGTON, June 11 -- Sen. Charles E. Schumer, D-New York, issued the following news release:

Following his continuous calls for reforms to the Paycheck Protection Program (PPP), U.S. Senate Minority Leader Charles E. Schumer announced the unanimous Senate passage of the Paycheck Protection Program Flexibility Act, a bipartisan bill that makes critical changes to PPP, including expanding the loan forgiveness period from 8 to 24 weeks, allowing small businesses greater flexibility i . . .

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