SBA Reopens Paycheck Protection Program with New Application Deadline in August

As of Monday, July 6th, 2020, the Small Business Administration announced on its website and on social media that the Paycheck Protection Program, which previously closed on Tuesday, June 30th, 2020, has been reopened and extended:

The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to the Paycheck Protection Program Extension Act. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020.

See further details and follow the latest updates on our resource page, SBA COVID-19 Economic Disaster Loans & Programs, here.