PPP Loan Program Deadline Extended to Aug. 8, 2020
If you missed the June 30, 2020, deadline to apply for a PPP loan, don’t panic! The deadline has been extended to Aug. 8, 2020, giving small business owners a continued opportunity to apply for the program. The PPP loan program has been such a relief for many small businesses, supporting capital expenditures despite pandemic-related interruptions and economic injury. The First Liberty team is available to discuss ALL business loan solutions that may fit your company at this time.
In-Depth Insight on the PPP Loan Application Extension
What does this extension mean for business owners? Is the process the same or different than before? Neil Hare of Forbes.com has offered his insight on the topic, writing an extensive look at the program’s extension. Read Hare’s article on PPP loans to learn more. Of course, the lending specialists of First Liberty are here to answer any questions you may have, gladly guiding you through this process.
“The extension of the PPP program until August 8 and the new guidelines should incentivize more businesses to apply for loans. Despite the confusion, the program is largely working as designed, which is to provide small businesses with additional funds to weather the coronavirus storm.”
Neil Hare of Forbes.com
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