Greater Louisville Inc. The Metro Chamber of Commerce 2019 Chamber of the Year
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June 2020

Congress updates key portions of Paycheck Protection Program

President Trump has signed into law a bill from Congress that includes key changes to the Paycheck Protection Program (PPP) to grant more flexibility for businesses to meet the program’s repayment requirements. Key changes include: the 8-week period that businesses have to restore staffing levels to pre-pandemic levels is expanded…

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GLI to congress: Give businesses more flexibility with PPP loan forgiveness

In a letters to the greater Louisville congressional delegation, GLI urged Congress to give businesses more flexibility in how their Paycheck Protection Program loans can be forgiven. “Due to causes outside of their control, many PPP recipients in our region have expressed grave uncertainty about whether they will meet the…

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