TOPEKA вЂ“ With the launch of 2021 Coronavirus relief programs, Governor Kelly today announced Kansans can start publishing applications towards the 2021 Federal Paycheck Protection Program (PPP) for forgivable loans to businesses that are small.
вЂњKansas little companies have now been among those hardest hit by COVID-19,вЂќ Governor Laura Kelly stated. вЂњThe Paycheck Protection Program is vital to maintaining our state on the way to recovery. This is an excellent step of progress, but we all know the necessity for relief is very good вЂ“ and I also continues to push for extra stimulus money to guide KansasвЂ™ financial recovery.вЂќ
Led by the small company management (SBA) together with Treasury Department, the PPP is a federally administered system delivering loans to smaller businesses to protect payroll costs. The SBA started applications that are accepting Community finance 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 smaller businesses, but we realize that the necessity continues to be great,вЂќ Lieutenant Governor and Commerce Secretary David Toland said. Read more