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President Signs PPP Extension Bill; Extends Program Through May 31

President Signs PPP Extension Bill; Extends Program Through May 31

Posted: Mar 31 2021
President Biden signed into law H.R. 1799, a bill extending the Small Business Administration’s Paycheck Protection Program. The PPP Extension Act allows loan applications to the program—which had been set to expire March 31—for two more months and gives the SBA 30 additional days to process loan applications made by the new May 31 deadline.

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