As Delays Mount, Lawmakers Agree To More Time For Businesses To Apply For COVID-19 Payroll Loans

bipartisan group of House lawmakers agreed to extend the deadline for small business owners to apply for a government loan as delays continue to mount, Politico reported.

Members of the House Small Business Committee agreed to move the Paycheck Protection Program (PPP) application deadline from March 31 to May 31, aides for the committee’s leaders told Politico Thursday. The agreement also gives the Small Business Administration (SBA), the agency tasked with awarding PPP loans, READ MORE ON [DAILY CALLER]