Closing Date for Latest Round of PPP Loans

The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. SBA is currently offering:

The closing date for the new PPP is May 31, 2021.

Congress revived the PPP as part of the $900 billion COVID-19 relief bill that was signed into law on December 27, 2020. The original PPP provided $525 billion in forgivable loans over five months before it stopped accepting applications in August.