Paycheck Protection Program Extended

President Biden signed the Paycheck Protection Program Extension Act on March 30, 2021, extending the Paycheck Protection Program (PPP) to May 31, 2021. In addition to the extension, the Act allows the Small Business Administration (SBA) additional time (until June 30, 2021) to process loan applications submitted prior to June 1, 2021.

The PPP had previously been expected to end, March 31, 2021. Click here to read the full details.

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HR Workplace Services, Inc. (HRWS) partners with the nation’s top insurance brokers and agencies providing their clients with best-in-class services for support and HR concerns, compliance and technology. HRWS operates in all 50 States and in over 25 different countries, serving organizations from three to 200,000 employees in 545 SIC Codes.

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The information contained in this article is intended for educational purposes and to provide a general understanding of regulatory events, legislative changes and the law – not to provide specific legal advice.