October 20, 2020

Volume X, Number 294

October 19, 2020

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Deadline to apply for the Paycheck Protection Program extended

On July 4, 2020, President Trump signed an extension to the Paycheck Protection Program (the “PPP”), allowing applicants to apply for the program through August 8, 2020. June 30, 2020 had been the deadline for application, but the PPP program still had an unused balance of approximately $130 billion dollars (out of an earmarked $660 billion dollars) still available for small businesses to borrow.

The operation of the PPP (please see our prior update) remains unchanged by this most recent extension. Sherin and Lodgen’s Hospitality Group will continue to monitor the PPP and other new laws and regulations of interest to the hospitality industry and provide updates as frequently as possible.

© 2020 SHERIN AND LODGEN LLPNational Law Review, Volume X, Number 188


About this Author

Joseph Wang Hospitality Attorney Sherin Lodgen Law Firm

Joseph Y. Wang is a partner in the firm’s Real Estate Department and member of its Hospitality Practice Group.

He has experience in a variety of real estate matters, including land use, zoning and development, and representing landlords and tenants in office, retail, and research and development leasing matters large and small.

Joseph has been engaged in several large development projects in Boston, where he has negotiated with local and state agencies and private parties to bring brand name hotels and residential stock to the city.

He has participated in the...