Time is quickly running out for small business owners to apply for the Paycheck Protection Program (PPP) with local SBA Lenders.
The SBA wants to be sure you take advantage of the remaining $125B available to support small businesses, and recommends your application be submitted to the lender of your choice by June 20 to allow plenty of time for approval by June 30.
And as of June 5, 2020, new applicants have more flexibility under the recently approved PPP-Flexibility Act (PPPFA):
For additional resources and a list of lenders participating in the Paycheck Protection Program, visit www.sba.gov/PPP.
And for more on PPP Flexibility Read more here
The SBA Houston District Office will walk you through the latest issued official guidance.
PPP funds are still available, but program ends June 30th.
