
Latest Changes on Paycheck Protections Program (PPP)
On Saturday, July 4, 2020, President Donald Trump signed a new law extending the deadlines for applying for the Paycheck Protection Program (PPP) loan from June 30 to August 08, 2020. Besides the PPP application date extension, there are some other updates: 1. For people who received the loan before June 05, 2020, you can choose the applicable covered period for your loan (8 weeks or 24 weeks) 2. For people who received the loan after June 05, 2020, you are required to use a