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Paycheck Protection Program Application Period Extended

Paycheck Protection Program Application Period Extended

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The application period for the Paycheck Protection Program closed on August 8, 2020. Learn more about how to get your PPP loan forgiven here.


The application period for the Paycheck Protection Program (PPP) has been extended until August 8, 2020. This gives businesses additional time to claim the remaining $130 billion in PPP loan funds that are still available.

The initial application period for the PPP ended June 30, 2020, prompting the Senate to push forward legislation to extend the application period. The application extension passed the House on July 1, 2020 and was signed by the president on July 4, 2020.

Legislators have suggested that the application extension is just one-step in expanding the PPP. There are rumblings that additional rounds of funding might provide further aid to small businesses who have been forced to close or limit operations due to COVID-19.

Read More About the PPP

COVID-19 updates

Published on July 06, 2020