The Paycheck Protection Program Flexibility Act of 2020 The U.S. Senate passed, by unanimous consent, the House Bill 7010, The Paycheck Protection Program Flexibility Act of 2020. The Bill must be signed by the President to become a law. The Bill provides more flexibility for small businesses who take out PPP forgivable loans. Here…
As we all watch the latest news in these volatile and troubling times, businesses damaged by looting, vandalism and fires should be aware that their losses might be covered by insurance. Direct property damage and business income losses caused by these events will probably be covered under most standard-form policies. Such policies might also…