Insights

MPL Law General Counsel Corner – Senate inching closer and closer….

June 03, 2020

Rumors are swirling that the Senate may vote on the revised PPP bill today.  The major push back comes from Sens. Lee and Johnson, who both want an Aug. 15th expiration date and not a December 31st date as passed in the House bill.  It sounds like Senator McConnell wants the bill to pass unanimously, so perhaps the expiration date will not be the end of the year.  We are inching closer and closer.

As mentioned yesterday, if you haven’t applied and think you could use the funds, I would recommend getting in touch with your lender and pulling together your paperwork.

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

Please see all of our prior updates at the 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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