Congress Extends PPP Application Period Until End of May
By EsqSocial Corporation 26/03/21
On March 25, 2021, Congress passed the PPP Extension Act of 2021 (PPP Extension Act), to extend the application window for small businesses to apply for Paycheck Protection Program (PPP) loans by an additional two months. Qualified small businesses may now apply for both first draw and second draw PPP loans through May 31, 2021. Businesses should note, however, that it is likely that individual banks will implement earlier cut-off dates due to Memorial Day (May 31), to allow them to process...
By: Arent Fox