Paycheck Protection Program extension signed by President Biden

(WAND) - President Joe Biden signed into law an extension of the Paycheck Protection Program. 

The application deadline for the program was moved to May 31, 2021 with H.R. 1799, or the "PPP Extension Act of 2021." 

PPP authorization has been ext4ended through Jun 30, 2021 to give the Small Business Administration more time to process applications that are received by the application deadline.