Attention: The deadline to request Paycheck Protection Program (PPP) loans has been extended to AUGUST 8th! The U.S. Small Business Administration (SBA) also announced the reopening of the application portal for the Economic Injury Disaster Loan (EIDL) program.
As of Monday, July 6th, the SBA has confirmed 4,880,943 loans have been approved for a total of about $521 billion from 5,460 lenders. In Ohio's Fifth Congressional District, 5,970 businesses have received PPP funding to date, and this funding has supported 122,561 jobs in the district. I am proud that with the extended deadline, more businesses in our community will be able to apply to receive this critical funding. Has your business received PPP funding? I'd like to hear from YOU how the PPP has supported your operations.
