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Paycheck Protection Program Flexibility Act – Needed Changes to CARES Act
After more than two months of implementation issues, outcry, and adjustments, Congress passed the Paycheck Protection Program Flexibility Act of 2020 (Act) on June 3rd, which was signed into law on June 4th. And on June 11th, the Small Business Administration (SBA) published additional guidance incorporating provisions of the Act into its interim final rules.
Read a PDF of the article from New England Real Estate Journal here.