Last week the Senate and House passed an extension for the PPP program. With the President’s signature on Saturday, businesses will now have until August 8th to apply for assistance. Out of the original $660 billion, $130 billion remain.
The Chamber will keep pushing to reform the proposal so all nonprofits can access funding as well as small businesses who had trouble accessing the initial round of funding. As always, we will keep you posted on the latest information from Washington.