PPP Application Deadline Extended to May 31, 2021
March 31, 2021
There is still time to apply for a Paycheck Protection Program (PPP) loan. President Biden has signed the PPP Extension Act of 2021. The new deadline for borrowers to submit a PPP loan application is May 31, 2021. The Small Business Administration (SBA) will have until June 30, 2021 to process applications received before June 1, 2021.
The PPP was set to expire on March 31, 2021 but the SBA has…