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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.

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BVU fortifies nonprofits by involving thousands of volunteers from the community, engaging thousands of business professionals on nonprofit boards, and providing leading-edge board and management consulting and training services. We thoughtfully connect business leaders and nonprofits to foster productive and rewarding leadership and volunteer activities.

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