News from D.C.: PPP Extension Likely
The extension could be passed today
According to an update from the American Society of Association Executives (ASAE), the Senate is likely to pass a Paycheck Protection Program (PPP) extension, possibly as early as today.
The measure, which passed the House last week, would extend the application deadline to May 31 and provide an additional 30 days for pending applications submitted before the new deadline.
This is another big win for the association community and employers nationwide.