Rich May (Massachusetts): U.S. Treasury Issues Further Guidance on Paycheck Protection Program Loans

On April 6, 2020, the Department of the Treasury issued a set of answers to frequently asked questions, intending to clarify the operation of the Paycheck Protection Program (PPP). This is the forgivable small business loan program about which we hosted a webinar last week, and which is expected to be a primary source of economic relief for small businesses impacted by COVID-19. MORE.

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