Paycheck Protection Program: Key Changes Enacted in the Paycheck Protection Program Flexibility Act of 2020

Sullivan & Cromwell LLP - June 6, 2020
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On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020. The Act makes a number of significant changes to the Paycheck Protection Program established by the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).