PPP Deadline Extension
Mesa Money Minute
English - May 07, 2021 14:00 - 1 minute - 900 KBInvesting Business finance business financial money accounting tax taxes accountant investing cpa Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
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The Small Business Administration announced that it has extended the deadline to apply for Payroll Protection Program loans through May 31. This means you have until May 31 to submit your application for a PPP loan, whether it is your first time or your second time receiving a PPP draw. The SBA has until June 30 to process applications. However, there have been some predictions that the funds will run out before the May 31 deadline arrives, so if you think you are eligible, get your application in as fast as you can! Your CPA or banker can help you.