Urgent Action Needed: Contact Your Representative About PPP
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Paycheck Protection Program Flexibility Act of 2020 would improve portions of PPP
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Good afternoon,
The
Paycheck Protection Program Flexibility Act of 2020 (H.R. 6886), if
passed would extend the forgiveness period of the Paycheck Protection Program (PPP), eliminate several restrictions (such as the requirement that 75% of PPP expenses go towards payroll), and provide a rehiring safe harbor for businesses unable to rehire employees during the COVID-19 pandemic due to enhanced Unemployment Insurance provisions in the CARES Act.
Although the bill does not do everything
our 16 member association coalition believes is necessary to fix the PPP, we do want to support any legislation looking to substantially improve the PPP and H.R. 6886 would substantially enrich the program.
Tonight we are asking that you please reach out and call your U.S. Representative in the House and ask them to vote for H.R. 6886-the Paycheck Protection Program Flexibility Act of 2020.
Since many Airforwarders Association members received PPP funding, we want to make the program better and look forward to hearing your feedback.
Thank you.
Sincerely,
Brandon Fried
Executive Director
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passed would extend the forgiveness period of the Paycheck Protection Program (PPP), eliminate several restrictions (such as the requirement that 75% of PPP expenses go towards payroll), and provide a rehiring safe harbor for businesses unable to rehire employees during the COVID-19 pandemic due to enhanced Unemployment Insurance provisions in the CARES Act.
