PPP

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TOPLINE President Trump Saturday signed into law a bill extending the Paycheck Protection Program—an emergency federal loan facility for small businesses struggling because of the pandemic—for another five weeks until August 8, buying Congress time to figure out what the next round of aid for small businesses will look like when it reconvenes later this […]
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Getty As we head into the July Fourth weekend, the Paycheck Protection Program Extension Act is on its way to President Trump’s desk for signature. This Act will extend the time small businesses and self-employed individuals have to file an application for a PPP loan to August 8, 2020.  However, while Congress congratulates itself on this […]
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  3. Small Business
TOPLINE The Trump Administration’s Paycheck Protection Program—a facility intended to prop up small businesses with forgivable loans during the worst of the pandemic—is closing its application window after three months; with $134 million in funds still available and new coronavirus infections spiking across the country, lawmakers have yet to decide what’s next.  Jovita Carranza, Administrator […]