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Jul 03 Attorney Articles, Recovery Resources

PPP Loan Program Expected to be Extended Until August 8, 2020 But Can a Debtor Already in Bankruptcy Qualify for a PPP Loan?

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It looks like the “Payroll Protection Program” (“PPP”) created by the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and which expired on June 30, 2020, will be given a much-needed extension.2 As of July 2, 2020, both the Senate and the House of Representatives have voted to extend the deadline for PPP loan applications until August 8, 2020.

To learn more, read this article in it’s entirety at the following link:
PPP Loan Program Expected to Extend to August 8, 2020