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PPP Extensions Provide Relief for Borrowers

APPLIES TO All Employers with PPP Loans EFFECTIVE June 5, 2020 QUESTIONS? Contact HR On-Call (888) 378-2456 HR 7010 recently extended certain provisions of the Paycheck Protection Program (PPP) Flexibility Act of 2020. Borrowers can spend up to 40% (formerly 25%) on qualified non-payroll costs, such as rent and utilities costs. The time for borrowers […]