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Consolidated Appropriations Act 2021 -Update to original Paycheck Protection Program Loan RulesSubmitted by UDALL CPA Group on January 11th, 2021
At the end of 2020, Congress passed, and President Trump signed, a new law that provides for additional relief related to the coronavirus (COVID-19) pandemic. This law, the Consolidated Appropriations Act, 2021 (CAA, 2021), included clarifications regarding the original PPP loan program.