30 Mar Governor Kelly announces the Federal Paycheck Protection Program Reopens Applications for Forgivable Loans
TOPEKA вЂ“ With the launch of 2021 Coronavirus relief programs, Governor Kelly today announced Kansans can start publishing applications towards the 2021 Federal Paycheck Protection Program (PPP) for forgivable loans to businesses that are small.
вЂњKansas little companies were among those hardest hit by COVID-19,вЂќ Governor Laura Kelly stated. вЂњThe Paycheck Protection Program is key to maintaining our state on the way to recovery. This is an excellent step of progress, but we all know the necessity for relief is very good вЂ“ and I also continues to push for extra stimulus money to aid KansasвЂ™ financial data recovery.вЂќ
Led by the small company Administration (SBA) while the Treasury Department, the PPP is really a federally administered system delivering loans to businesses that are small protect payroll costs. The SBA started accepting applications through Community banking institutions on January 11 and through all the other banking institutions on January 19, with applications accepted through March 31.