PPP Loans: Application Deadline Extended with New Law Third-Round Paycheck Protection Program (PPP)PPP Loans: Application Deadline Extended with New Law Third-Round Paycheck Protection Program (PPP)06/04/2021 · The PPP Extension Act of 2021 is a new piece of legislation passed by Congress and signed into law by President Biden that extended the deadline for PPP loan applications from March 31, 2021, to May 31, 2021. The program now officially runs through June 30, SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Notice: the Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan …10/07/2020 · To provide additional aid to businesses, the application deadline for PPP loans was recently extended from June 30 to August 8, 2020. This extension provides extra time for businesses that have Dates for a Round 3 PPP Loan As noted above, applications for Round 3 first draw PPP loans from approved community financial institutions started on Mon., Jan. 11, ;· The new law. To recap, the new PPP Extension Act provides no additional funding for the program but extends the filing deadline for both first- and second-draw loan applications to May 31, 2021. The deadline extension may increase the odds of securing a loan, particularly for businesses that have struggled with the application ;· The PPP program stopped accepting loan applications on May 31, 2021. However, you still may need to complete the requisite forms to ensure that your loan will be forgiven. You can’t afford to miss the deadlines for filing this paperwork. The most urgent deadline is for companies that received PPP loans …

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