Paycheck Protection Program (PPP)

The Paycheck Protection Program (PPP) established by the CARES Act, is implemented by the Small Business Administration with support from the Department of the Treasury. The PPP provides small businesses with the resources they need to maintain their payroll, hire back employees who may have been laid off, and cover applicable overhead.



  • Signed by the President on March 30, 2021, the PPP Extension Act of 2021 gives businesses until 5/31/2021 to apply for a PPP loan. Based on available funding, the current lending rate, and pending applications, the SBA projects that funding may last only until mid-April.
  • 2/22/21: Biden Administration Announces Changes to PPP to Further Promote Equitable Access to Relief. Details are shared in this statement, which was released by The White House following the announcement.


Small Business Paycheck Protection Program:

Program Overview:

2021 PPP Program Rules: 

2021 Applications & Instructions:

2020 PPP Program Rules:

Previous 2020 Versions of Applications & Instructions:

Additional Resources: