Recent PPP Loan Updates: Seasonal Employees & Forgiveness

Coronavirus
Written By Shelby Noustens

  • The US Department of Treasury has taken steps to correct a disparity in the Paycheck Protection Program’s (PPP) that penalized businesses with a peak season during the summer— camps included — in determining the loan amount they can request. Read more.

  • The Senate approved the House’s earlier passing of amendments to the forgiveness criteria on Payroll Protection Program loans. It is expected to become law. Details here.

Shelby Noustens
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