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PPP Extension Act: Program Extended to June 30, 2021

This act extends the deadline for applying for Paycheck Protection Program (PPP) loans to June 30, 2021. This means small businesses and non-profits have more time to seek financial support to help maintain jobs and cover operational costs. From June 1, 2021, the administration will only process lender applications submitted before that date, not accept new ones.
Key points
The deadline for PPP loan applications is extended from March 31, 2021, to June 30, 2021.
From June 1, 2021, to June 30, 2021, the administration will only process lender applications submitted before June 1, 2021.
No new processing priorities will be established, except for existing set-asides.
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Expired
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Additional Information
Print number: 117_S_815
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2021-03-17
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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

PPP Extension Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_815.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-17.

What are the main provisions?

Key points include:

  • The deadline for PPP loan applications is extended from March 31, 2021, to June 30, 2021.
  • From June 1, 2021, to June 30, 2021, the administration will only process lender applications submitted before June 1, 2021.
  • No new processing priorities will be established, except for existing set-asides.
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 Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

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