June 7, 2020
On Friday, President Donald Trump signed legislation to amend the small business forgivable loan program known as the Paycheck Protection Program that was created in response to the COVID-19 pandemic. The newly signed Paycheck Protection Program Flexibility Act of 2020 – which received nearly unanimous support in Congress (with only one dissenting vote in the U.S. House) reshapes the March law, generally making it easier for businesses to qualify for loan forgiveness:
Founded in 1916, the Pennsylvania Chamber of Business and Industry is the state's largest broad-based business association, with its membership comprising businesses of all sizes and across all industry sectors. The PA Chamber is The Statewide Voice of BusinessTM.