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:
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.
Keep yourself and your employees up to date and informed. Access our resources (including podcasts, blogs and helpful links) about Coronavirus / COVID-19 here.