President Trump on Friday signed into law the Paycheck Protection Flexibility Act, which eases the regulations for small businesses that receive forgivable loans through the Paycheck Protection Program. Although the program ran through its first round of funding of $349 billion in a matter of days back in April (show in blue in the chart below), the second round of $310 billion has yet to be exhausted (in orange), with more than $100 billion in loans still available.
