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Eligible Employers Have More Time to Apply for PPP Loans

Employers that need help covering payroll costs during the pandemic will have an additional 60 days to file a Paycheck Protection Program (PPP) application under a bill President Joe Biden signed into law on March 30. The application period was set to close on March 31, but the PPP Extension Act of 2021 gives employers until May 31 to apply.
Source: New feed 2