The “Consolidated Appropriations Act, 2021” includes provisions impacting the aftermarket industry.
Two hearings were held to discuss the current status and future recommendations for the Paycheck Protection Program.
Lawmakers recently enacted the PPP Flexibility Act to provide companies more options on how funds are used.
House and Senate hold hearings on PPP challenges; SBA creates “EZ” application.
Recently, the U.S. Senate passed the PPP Flexibility Act by unanimous consent.
This bill, which passed in the House on May 28, will now head to President Trump for his signature.
The SBA will forgive up to eight weeks of a borrower’s loans, contingent upon certain rules.