NAHAD is here to provide you with as much information as possible to help your business navigate COVID-19.
On June 17, the Small Business Administration posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act. The EZ application requires fewer calculations and less documentation for eligible borrowers. Both applications give borrowers the option of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week covered period.
May 28, 2020 News:
NAHAD joined the @uschamber and over 200 organizations urging Congress to provide temporary and targeted liability protections for businesses struggling to reopen and operate safely during the #COVID19 pandemic.
NAHAD signed COVID Liability Coalition letter is available to read here with several additional signatories. In addition, there is a press release from the US Chamber of Congress available to read.