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Paycheck Protection Program Extended to June 2021

This bill aims to extend the application deadline for the Paycheck Protection Program (PPP) loans until June 30, 2021. This means small businesses will have more time to apply for financial support, potentially helping to maintain jobs and economic stability during a challenging period.
Key points
The deadline for PPP loan applications is moved from March 31, 2021, to June 30, 2021.
The program extension provides small businesses with an additional three months to secure financial aid.
The change is intended to continue supporting employment and operations for small businesses.
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Additional Information
Print number: 117_HR_1840
Sponsor: Rep. Malliotakis, Nicole [R-NY-11]
Process start date: 2021-03-11
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1840.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-11.

What are the main provisions?

Key points include:

  • The deadline for PPP loan applications is moved from March 31, 2021, to June 30, 2021.
  • The program extension provides small businesses with an additional three months to secure financial aid.
  • The change is intended to continue supporting employment and operations for small businesses.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Malliotakis, Nicole [R-NY-11].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy Labor