President Trump signed a bill on on Saturday extending the Paycheck Protection Program through Aug. 8.

President Trump signed a bill extending the Paycheck Protection Program on Saturday. The law reauthorizes lending to small businesses under the PPP through Aug. 8. It also separates the authorized limits for commitments under the PPP from other Small Business Administration loan programs. The deadline for small business owners to apply for a PPP loan had been June 30, but more than $134 billion for the coronavirus pandemic stimulus program was left afterward, according to the SBA.

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