President Trump signed into law the Paycheck Protection Flexibility Act, which smooths the path for small-business owners to qualify for loan forgiveness
, along with further clarifications on how the money can be used in order to qualify for forgiveness.
Since its rollout, the execution of the PPP program has been plagued by glitches, including loans being made to several publicly-traded companies who may have been able to generate cash through other means, an overloaded application site and most recently the revelation that some applicants mistakenly received loan funds more than once.
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