We have all been following the Paycheck Protection Program (PPP) very closely. This program has been a lifeline to many small businesses, giving them access to cash to keep paying their teams. The original deadline in the CARES Act was June 30th. The Senate unanimously passed a bill to extend the application due date to August 8th. Read the full text of the bill here.
UPDATE 1: As of July 1, this bill has passed the House and is awaiting Presidential signature.
UPDATE 2: This bill has been signed into law.
