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The latest federal stimulus package bill extended the current deadline for Paycheck Protection Program loans from March 31 to May 31.
The extended deadline for the government’s forgivable business loans comes as a relief to many small business owners in Connecticut who have been scrambling to get their applications in this month.
Here is the Small Business Administration’s Paycheck Protection Program website: https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program.