PPP Application Period Extended 5 More Weeks
Arent Fox is counseling clients on the business loan programs included in the CARES Act.
On July 4, 2020, the PPP Extension Bill (PPP Extension), was enacted to give small businesses more time to apply for loans under the Paycheck Protection Program (PPP). With approximately $130 billion remaining available remaining when the original application period expired on June 30, 2020, the PPP Extension allows small businesses to apply for PPP loans through August 8, 2020.
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