Midstate Chamber of Commerce, Inc. News
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PPP Flexibility Act Webinar from CTSBDC
June 9, 2020Not sure how to proceed with the PPP you have received? Haven't yet applied for a PPP and wondering what the potential Flexibility Act means? You may have been hearing in the news about changes to the Paycheck Protection Program (PPP). There is a new bill that has made its way through both House & Senate and was signed by the President on 6/5. Based on this new law, the U.S. Small Business Administration & U.S. Department of Treasury will have to make some changes to current guidelines and forms, as well as provide additional guidance. Because these changes have significant impacts on the program, we want to provide you with an overview of those elements that have not changed and the areas that the Flexibility Act will change, with the caveat that some of these concepts will be further clarified by SBA. Please join us to review these changes and what they may mean for businesses who have not applied yet as well as those who already have. Key Takeaways: • Overview of the Paycheck Protection Program and elements NOT expected to change • A look at the PPP Flexibility Act in comparison with the CARES Act • How can this impact your current loan • What the potential changes mean for your business Register for this event here >> Register now tsbdc.ecenterdirect.com/events/75340431
Member News is provided as a service of the Midstate Chamber of Commerce and is also featured in the monthly "Chamber News" newsletter mailed to members.The “original publication date” of Member News articles posted on this web site reflects the date this article was added to the Chamber database and may not necessarily reflect the date such news events occurred.