July 6, 2020: COVID-19 Legislative Update
COVID-19 - July 06, 2020
Policy Resolution Group COVID-19 Legislative Update
July 6, 2020
PPP Surprise Extension
President Trump on Saturday signed a bill to keep the PPP from going dormant, allowing the Small Business Administration (SBA) to continue processing loans through August 8th. The SBA portal is back online and able to process loans as of this morning. The timing syncs up the program’s lapse with the end of the upcoming Senate work period, which serves as the effective deadline for Phase Four negotiations.