Deadline to Apply for PPP Extended by Congress to August 8, 2020

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Nelson Mullins Riley & Scarborough LLP

Congress has extended the deadline for small businesses to apply for forgivable loans under the Paycheck Protection Program (“PPP”) to August 8, 2020. The previous deadline was June 30, 2020. There are approximately $130 billion in funds still available under the PPP.

See our prior client alerts for more general information about the PPP and PPP loan forgiveness.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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