Update: The U.S. House Joins Senate In Passing PPP Loan Extension Deadline

On Wednesday, the U.S. House voted to approve a five-week extension of the PPP loan application deadline. First passed by the Senate on Tuesday, the bill is now in the hands of President Trump, who is expected to sign it into law. Once the bill has been signed by the President, small businesses will have until August 8, 2020 to apply for coronavirus related aid under the program.