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How long will this program last?

After receiving hundreds of billions in new funding December 2020, the PPP program was extended to March 31, 2021, or as long as funds last.

  • Spend that money within 24 weeks (6 months)
  • Employee and compensation levels are maintained (which if you’re self-employed is just you)
  • At least 60 percent of the proceeds are spent on payroll costs, and the rest goes to other eligible expenses (wages / payroll, mortgage interest, rent, utilities, taxes, benefits, etc).

Then we’ll help you fill out the required paperwork to get it 100% forgiven!

Related Links

  1. I had W-2 Income as well as 1099 income in 2019 and 2020. Can I still get a PPP loan?
  2. Can I apply for a second PPP loan if I received a first round PPP loan in 2020?
  3. How long will this program last?

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