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Congressman Ben Cline

@RepBenCline

Representing Virginia’s 6th District | Member of @freedomcaucus | Serving on @JudiciaryGOP, @HouseAppropsGOP & @housebudgetGOP

calendar_today10-12-2018 15:57:26

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The PPP Flexibility Act passed in the House today which:

✅ extends PPP to 12/31
✅ extends forgiveness coverage from 8 to 24 weeks
✅ increases forgiveness from 25 to 40% on non-payroll expenses
✅ extends loan terms from 2 to 5 years
✅ ensures access to payroll tax deferment

The PPP Flexibility Act passed in the House today which: ✅ extends PPP to 12/31 ✅ extends forgiveness coverage from 8 to 24 weeks ✅ increases forgiveness from 25 to 40% on non-payroll expenses ✅ extends loan terms from 2 to 5 years ✅ ensures access to payroll tax deferment
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