The Paycheck Protection Program Flexibility Act and Loan Forgiveness
Recorded On: 06/18/2020
The president has signed the PPP Flexibility Act, and it changes the rules for loan forgiveness. The Act established new parameters for the covered period during which loan funds can be used, changed the percentage of loan funds that must be spent on payroll, created a new safe harbor for full-time equivalent (FTE) reductions and implemented numerous other changes. Join Cory Halliburton and Maurice Norris as they outline the big changes to this critical relief program.
Maurice Norris (Moderator)
Public Affairs Manager
Maurice is the public affairs manager for PPAI. He monitors legislative and regulatory developments affecting the promotional products industry. Maurice also assists members with compliance challenges facing their businesses and helps them advocate for their companies with various aspects and levels of government. Maurice also serves on the board of the Graphic Communications Workforce Coalition.
Attorney At Law
Cory Halliburton is an attorney with the law firm of Weycer, Kaplan, Pulaski & Zuber. He has served as General Counsel for PPAI since May 2014 and since that time he has participated in just about every PPAI Board meeting and strategic planning session and has reviewed hundreds of contracts for PPAI. He also supports in-house counsel of publicly traded companies and executives in the tax-exempt organizations space in their drafting and negotiation of substantial vendor agreements.
Cory Halliburton graduated Magna Cum Laude from Texas Tech UniversitySchool of Law in 2003 and, among other accolades, was the recipient of the 2013Outstanding Young Lawyer Award from the Fort Worth-Tarrant County Young LawyersAssociation.
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