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Federal Paycheck Protection Program extended to Aug. 8

July 6th, 2020 / By: / COVID-19, 亿博体育app

On July 4th, President Donald Trump聽聽an amendment to the Paycheck Protection Program, giving businesses affected by the coronavirus pandemic an extension to apply for federal funds, according to Business Insider.

The law extends the deadline to apply for the federal government’s loan-based relief program to August 8. The original deadline to apply for the loans was June 30, but Congress moved quickly to extend the deadline after approximately $130 billion remained from the initial $660 billion pot,聽. More information is available at聽