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 MyATA service provider BKD CPAs & Advisors to create a helpful document with tips and insights regarding the Paycheck Protection Program Flexibility Act. Click here to access the document. 

Nathan Fitzgerald of BKD CPAs & Advisors also shared his insights into the Paycheck Protection Program in the most recent episode of the ATA's Beyond the Bow Podcast.

Visit the ATA's Coronavirus webpage for a roundup of helpful COVID-19 resources and information.