♦ ♦ COVID-19 Updates ♦ ♦ 6/05/2020 – President Trump signs H.R. 7010 into Law Highlights of H.R. 7010 • Changed the eligibility for loan forgiveness from spending 75% to 60% on payroll, which would allow up to 40% to be spent on certain qualified non-payroll items such as rent, mortgage interest, and utilities. […]