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The Paycheck Protection Program (PPP) has been plagued by changes and hiccups from the beginning, but a new Paycheck Protection Program Flexibility Act that was just signed into law aims to give small business owners more flexibility in how they can use PPP funds, more time to spend the funds, as well as an easier process for qualifying for forgiveness.
If you were unsure about whether or not a PPP loan was right for your sign shop, now may be a good time to apply while funds are still available. In fact, you always have the option to decline the loan or pay it back without a prepayment penalty, if you determine it's not right for you.
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