PPP Extended To August 8th

President Trump signed a bill last week which re-opens the application window for the Paycheck Protection Program until August 8th. The extension keeps a source of funding available to non-profits while Congress works on an additional more targeted funding program. As of this writing, the PPP has approximately $129 billion in funding remaining. To apply, the application (along with a separate loan forgiveness application) is available on the SBA website along with various FAQ's. If you have any questions regarding applying for these funds, please contact a member of your audit team.