SBA & Treasury announce new & revised guidance regarding PPP

Ppp LogofaceFrom the SBA

WASHINGTON, D.C. – The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP).  This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law by President Trump on June 5, 2020, and expands eligibility for businesses with owners who have past felony convictions.

To view the press release, click here.