Helping to keep you informed with resources and information.
Updated as of 6/5/20:
Congress passed the Paycheck Protection Program Flexibility Act, giving small businesses more flexibility and time to use money received from the Paycheck Protection Program (PPP) and an extended payment deferral.
Changes made to the Paycheck Protection Program include the following:
These highlighted changes are for informational purposes only. If you have questions regarding the PPP Flexibility Act, you should consult your CPA, attorney or other advisor. Guidance from the SBA with regard to the PPP Flexibility Act will likely be issued and you should continue to review any such rules and guidance the SBA may issue.
Fraudsters are taking advantage of these uncertain times by impersonating the CDC, SBA, IRS and other government and healthcare organizations. Whether you’re running a business or managing your personal finances, it is important to stay alert.
Here are some helpful reminders you can act on:
Additional Resources:
More than ever during these uncertain times, Amegy Bank is here for you.
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