On Tuesday, March 30, 2021, the PPP Extension Act was signed into law.  This gives small business owners the opportunity to apply for a PPP Loan until May 31, 2021. 

Here is a link to the SBA’s Press Release on the PPP Extension Act of 2021:  SBA Administrator Isabella Casillas Guzman’s Statement on President Biden signing the PPP Extension Act of 2021 into law.

The Attorneys at Levene Gouldin & Thompson, LLP are available to provide advice and counsel concerning these new statutory obligations and other matters related to COVID-19.