Paycheck Protection Program May be Receiving Additional Funding This Week

Based on the latest news reports, it appears that the popular Paycheck Protection Program (“PPP”) will be replenished with limited additional funding this week. There is already speculation that the new funds, once available, will be depleted in a matter of days. PPP loans are expected to be in even higher demand during this application window as the Small Business Administration (“SBA”) is no longer currently accepting applications for its highly sought-after Economic Injury Disaster Loans. Accordingly, interested business owners should immediately contact their SBA-approved lenders to confirm their eligibility for a PPP Loan and to submit the necessary application and back-up documentation required to obtain such funds.

Addressing the requirements of PPP loans in such a limited timeframe can be overwhelming, but the Business and Finance Department at Rosenn Jenkins & Greenwald LLP is ready to assist business owners through this process. Please contact Paul T. Rushton (, Lee S. Piatt ( or Christyan A. Telech ( to discuss how our team can assist you in these difficult times.