PPP Updates – Rehiring, NFP Hospital Eligibility, Safe Harbor Deadline Extension & Bank LCR Relief

Thoughtware Alert May 06, 2020
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The U.S. Department of the Treasury continues to refine the Paycheck Protection Program (PPP) details. This article examines updates to the FAQ document, including topics such as loan forgiveness and employee rehiring, eligibility for not-for-profit (NFP) hospitals, a safe harbor deadline extension for returning PPP funds, ownership changes after February 15, 2020, and an alternate measurement for seasonal employees.

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