Small businesses that are interested in applying for a Payroll Protection Program loan (“PPP Loan”) have until this Saturday, August 8th, to submit their loan application. As of August 3rd, over $130 billion in PPP Loan funds are still available, and unless an extension from Congress is approved and signed by the President, those funds will no longer be available after this Saturday. If you have not yet applied for a PPP Loan, you should reach out to an eligible lender as soon as possible. A list of eligible lenders can be found here and a link to the loan application can be found here.
Krieg DeVault is committed to helping you and your business during these unprecedented times. With your needs in mind, we have established a COVID-19 Resource Center to assist you through this process.
If you have any further questions, comments or concerns, please feel free to contact Robert A. Greising, Corben A. Lee or a member of our Business, Acquisitions & Securities team.
Practices
August 4, 2020
By: Robert A. Greising and Corben A. Lee
Small businesses that are interested in applying for a Payroll Protection Program loan (“PPP Loan”) have until this Saturday, August 8th, to submit their loan application. As of August 3rd, over $130 billion in PPP Loan funds are still available, and unless an extension from Congress is approved and signed by the President, those funds will no longer be available after this Saturday. If you have not yet applied for a PPP Loan, you should reach out to an eligible lender as soon as possible. A list of eligible lenders can be found here and a link to the loan application can be found here.
Krieg DeVault is committed to helping you and your business during these unprecedented times. With your needs in mind, we have established a COVID-19 Resource Center to assist you through this process.
If you have any further questions, comments or concerns, please feel free to contact Robert A. Greising, Corben A. Lee or a member of our Business, Acquisitions & Securities team.