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PPP Loan Application Deadline has Been Extended to May 31
On March 30, President Biden signed the PPP (Paycheck Protection Program) Extension Act of 2021 into law. This action means the PPP loan application deadline has been extended to May 31, 2021, for those eligible to apply for both First and Second Draw loans. The...
What are the Provisions of the American Rescue Plan?
The $1.9 trillion relief bill, known as the American Rescue Plan (ARPA), has passed Congress and will head to President Joe Biden for a signature. Provisions of the American Rescue Plan include extended unemployment benefits, direct checks to individuals, and more....
President Biden Alters PPP Loan Rules to Benefit Smallest Businesses
The Biden administration recently announced a 14-day period of the U.S. Small Business Administration’s (SBA) Payment Protection Program (PPP) when only businesses with fewer than 20 employees can apply for relief. This alteration of the PPP loan rules to benefit the...
