The following was received from NCPA's qAM, June 5, 2020.
New video explains details of latest PPP change
On Friday, President Trump signed a measure allowing small businesses that receive emergency loans under the Paycheck Protection Program up to two years to qualify for forgiveness among other important updates to be aware of. Here's a video explaining details of the program and the new measure from Ollin and Scotty Sykes of Sykes & Co. NCPA has a helpful archive of videos explaining COVID-19 response legislation and how it affects your pharmacy. NCPA advocated for this measure. "We're grateful to the president and congressional leaders for making this legislation a priority," said NCPA CEO Douglas Hoey. "Independent pharmacies are family-owned businesses in addition to front-line health care providers. They're facing all the business challenges that affect small businesses, and they're battling the pandemic."