GNO Inc. Coronavirus Flash Update - Senate Extends PPP

In a surprise move, the Senate has passed legislation by unanimous consent that will keep the Paycheck Protection Program (PPP) running through August 8. The PPP has about $130B of funding remaining, and was set to shut down at midnight tonight (June 30th).

The House will now need to pass the extension legislation, and then send to the President for signature.

You can read more here.

You can find PPP resources here.

Best,

Michael