President Biden recently signed a bill to extend the Paycheck Protection Program (PPP) application deadline to May 31, 2021. This extension from the March 31 deadline is welcome news to business owners still needing to apply for a PPP loan. The bill also gives the SBA an additional 30 days beyond May 31 to process PPP loans.
Visit the SBA’s website for more information on how to apply for a PPP loan.
Our advisors are closely following COVID-19 relief efforts and will continue to publish insights to keep you informed on our COVID-19 Resource Center. Tune in to our video series PPP with Paul and Dan to learn more about the Paycheck Protection Program. To discuss your situation and recovery options, contact an Anders advisor below.All Insights