Paycheck Protection Program Extended to May 31
By Diane Giordano, Partner, Tax & Business Services
President Joe Biden signed the PPP Extension Act of 2021 into law on March 30, 2021, extending the Paycheck Protection Program by two months to May 31, 2021, and providing an additional 30-day period for the SBA to process applications that are still pending.
This extension will provide additional critical relief to small businesses and keep local economies going.
For more information about the extension date and recent changes to the PPP program, visit www.sba.gov.
Your Marcum Tax Advisors are available to assist you with any inquires related to the many COVID relief programs available.
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