Paycheck Protection Program closes at the end of this month

The SBA sent this update: “The last day for approved applications to be submitted to the SBA under the Paycheck Protection Program will be June 30th, 2020. If you are working with borrowers still thinking about putting in their applications to the PPP program, please ensure that their approvals are submitted prior to the close of the program. No new approvals will be accepted following June 30th, 2020.”

More info about PPP loans can be found here.