PPP Round 2 Application Deadline Extended

By: Scott Borsack

Late in the afternoon on March 30, 2021, after an overwhelming vote of approval by the United States Senate, President Biden signed the Paycheck Protection Program Extension Act which grants applicants an additional 60 days to May 31, 2021 to apply for a second round Paycheck Protection Program loan. This legislation comes not a moment too soon as the deadline was set to expire on March 31, 2021.

Have questions about the PPP Second Round applications or the forgiveness process? Join us on Thursday, April 8, 2021 at 11 AM for our webinar “One Year Later: Answering the Top 10 PPP Questions.”

Scott Borsack is a partner with Szaferman Lakind and chair of the Business Department. To contact Scott please email him at sborsack@szaferman.com or call 609.275.0400.

Please note that the content of this blog is provided for information and education only. Nothing stated herein is intended to create an attorney client relationship or to constitute legal advice.