On Saturday, July 4, 2020, President Trump signed into law a bill to extend the Paycheck Protection Program another 5 weeks. There is approximately $130 billion in loan money still available to small businesses through this program.
Here is a collection of articles we've found that best explain the details of this extension:
- Forbes: Trump Signs PPP Extension Bill-Giving Small Businesses Another 5 Weeks
- NPR: Trump Signs Small Business Loan Extension
- Newsweek: What the PPP Extension Bill Trump Signed Means for Small Businesses
This now means that small businesses that have not already applied and received funds can now apply for PPP benefits before the new August 8 deadline.
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