PPP

SBA and Treasury Re-open PPP Loan Portal

The U.S. Small Business Administration (SBA), in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal. SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by initially granting PPP access exclusively to community financial institutions (CFIs) that typically serve … Read more

Application Deadline for Paycheck Protection Program Extended

Saturday July 4 the legislation was signed that extends the deadline for small businesses to apply for the Paycheck Protection Program (PPP) to August 8, 2020. Enacted in the weeks following the economic shutdown caused by the coronavirus pandemic, the PPP allows businesses to get direct government subsidies for payroll, … Read more