Congress increasing the flexibility of the PPP loans, making it easier for nonprofits to receive loan forgiveness

This week, H.R.7010, the Paycheck Protection Program Flexibility Act of 2020, passed the Senate and now heads to the President’s desk for signature. This introduces a number of positive changes to the Paycheck Protection Program (PPP) that will help nonprofits.  Read more from Nonprofit Quarterly about the changes and what’s included in the Bill.