PPP Loan Application Deadline Extended to Saturday, August 8

Last week, President Trump signed into law an amendment to the PPP that extends the application deadline for potential borrowers. Businesses seeking an initial PPP loan now have until August 8, 2020 to request a loan under the program (the original deadline was June 30). $130 billion in funds remain available for loans according to the U.S. Treasury Department. Contact your financial advisor or a preferred lender to inquire as to your eligibility for this loan. Visit the NEFI Financial Resources Center for more information on the PPP and other grants and loans. NEFI dues are voluntary and appear on dues statements from CEMA, which collects and forwards payments to NEFI.