Insights

(From June 26th) – MPL General Counsel Corner – PPP Forgiveness moves to be more business friendly

July 13, 2020

Hi Everyone:

I hope the week has gone as best as can be expected.  More PPP updates have come out from the Treasury Dept.  If anything, the optional expansion of up to 24 weeks from 8 weeks, along with the 60% threshold provides more flexibility and makes the program more friendly to businesses.

Below are the links to the various updates if you would like to add to your weekend reading list.  FYI, as of this morning, it looks like the Treasury PPP site is being updated (i.e., the links may not be live when you click on them)

The NFIB webinar from earlier this week also provided a nice overview of maximizing PPP loan forgiveness.

Here are some other things that may be important or relevant for you:

Please see all of our prior updates at this link or if you would like to be added to our email list, please click here

As always, please don’t hesitate to email myself (jsanders@mpl-law.com), Andy Miller (amiller@mpl-law.com), Christian Miller (cmiller@mpl-law.com) or anyone in our office with questions or comments.  

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