In the video below, Archery Trade Association (ATA) Senior Membership Manager Wendy Lang discusses the Paycheck Protection Program Flexibility Act, where updates were recently voted on by the Senate. The PPPFA extends the covered period from eight weeks to 24 weeks. It also extends any portion of the program not covered by loan forgiveness from a two year payment term to a five year payment term, giving businesses additional planning opportunities.
The ATA also worked with the...