Deadline Extended For New PPP Loan Applications

The Small Business Administration’s Paycheck Protection Program has provided forgivable loans to businesses designed to maintain employment levels by covering payroll and other expenses during the COVID-19 crisis. While many businesses have taken advantage of the program, there still remains more than $120 billion in funds available for PPP loans. To provide additional aid to businesses, the application deadline for PPP loans was recently extended from June 30 to August 8, 2020......<BR />By: <a href="https://www.jdsupra.com/profile/greenbaum_rowe_smith_davis/">Greenbaum, Rowe, Smith & Davis LLP</a>

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