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 will start publishing applications towards the 2021 Federal Paycheck Protection Program (PPP) for forgivable loans to small enterprises.
вЂњKansas little companies have already been among those hardest struck by COVID-19,вЂќ Governor Laura Kelly stated. вЂњThe Paycheck Protection Program is important to maintaining our state on the way to recovery. This is an excellent step of progress, but we realize the necessity for relief is very good вЂ“ and I also continues to push for extra stimulus capital to guide KansasвЂ™ financial recovery.вЂќ
Led by the small company management (SBA) plus the Treasury Department, the PPP is 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 finance institutions on January 19, with applications accepted through March 31.
вЂњIn the year that is past the Paycheck Protection Program offered federal help to tens and thousands of Kansas small enterprises, but we realize that the requirement continues to be great,вЂќ Lieutenant Governor and Commerce Secretary David Toland said.