As we write this, current law says the Payroll Protection Program (PPP) cash infusion is going to expire on August 8, 2020.
If you have not yet applied for your PPP cash infusion, you likely need to get your completed application to an approved SBA lender on or before August 6, 2020. Why? Because the SBA needs to approve your loan on or before August 8, 2020.
Approval takes time. For example, when June 30, 2020, was the deadline, lenders stopped taking ... Log in to view full article.