The Paycheck Protection Program (PPP)

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Deadline is Extended to May 31, 2021

As President Joe Biden signed the PPP Extension Act of 2021 into law today, extending the Paycheck Protection Program an additional two months to May 31, 2021, and then providing an additional 30-day period for the SBA to process applications that are still pending, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, said:

“Today, President Biden sent another strong message to America’s more than 30 million small business owners negatively impacted by the pandemic: help is here. By signing the PPP Extension Act of 2021 and the American Rescue Plan Act into law, the President is providing additional critical relief to the smallest of the small businesses – the mom-and-pop shops that line our Main Streets and keep our local and regional economies going.”

“The leadership of the Biden-Harris Administration, working with leaders of the House Small Business Committee, Chairwoman Nydia Velázquez, and Ranking Member Blaine Luetkemeyer, Reps. Carolyn Bourdeaux and Young Kim, and Senate Small Business and Entrepreneurship Committee Chairman Ben Cardin, and Senators Jeanne Shaheen and Susan Collins, ensured a strong bipartisan vote to extend this critical relief to hard-hit small businesses. More than 8.2 million PPP loans have provided struggling small businesses with the relief they need to keep workers employed and make ends meets during this pandemic. The SBA remains dedicated to reaching the heart and soul of the nation’s urban, rural, and low-income communities – the smallest businesses – and removing barriers to access this vital relief.”

Here are 3 ways the SBA can help you access this forgivable loan program:

1. Find a PPP lender.

Borrowers can apply for a PPP loan with one of more than 5,400 lenders nationwide who have participated in the PPP. There are several ways to find a local PPP lender:

2. Receive technical assistance to help you apply.

The SBA and its Resource Partner Network offer free webinars to help you understand the details of the PPP. Plus, SBA Resource Partners also provide one-on-one business advising to help you through the PPP application process and provide guidance and support on other aspects of your business.

3. Access tools and reference materials in 18 languages.

Whether it's overview fact sheets, sample PPP application forms, how-to calculation tools or Frequently Asked Questions (FAQs), the SBA provides a variety of PPP tools and reference materials in 18 languages including:

  • English
  • Spanish - español
  • Arabic - العربية
  • Chinese (Mandarin/Cantonese) - Simplified - 中文简体
  • Chinese (Mandarin/Cantonese) - Traditional - 中文繁軆
  • French - Français
  • German - Deutsche
  • Gujarati - ગુજરાતી
  • Haitian Creole - Kreyòl Ayisyen
  • Hindi - हिन्दी भाषा
  • Italian - Italiano
  • Japanese - 日本語
  • Korean - 한국어
  • Polish - Polski
  • Portuguese - Português
  • Russian - русский язык
  • Tagalog - Tagalog
  • Vietnamese - Tiếng Việt

For all information and materials about the PPP: