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Governor Kelly announces the Federal Paycheck Protection Program Reopens Applications for Forgivable Loans

TOPEKA – With the launch of 2021 Coronavirus relief programs, Governor Kelly today announced Kansans will start submitting applications to your 2021 Federal Paycheck Protection Program (PPP) for forgivable loans to smaller businesses.

“Kansas little companies have already been among those hardest hit by COVID-19,” Governor Laura Kelly stated. “The Paycheck Protection Program is vital to maintaining our state on the way to recovery. This is an excellent step of progress, but we realize the necessity for relief is very good – and I also continues to push for extra stimulus capital to aid Kansas’ financial data data recovery.”

Led by the small company management (SBA) together with Treasury Department, the PPP is just a federally administered system delivering loans to businesses that are small protect payroll costs. The SBA started applications that are accepting Community Financial Institutions on January 11 and through all the finance institutions on January 19, with applications accepted through March 31.

“In the year that is past the Paycheck Protection Program offered federal help to thousands of Kansas smaller businesses, but we realize that the necessity remains great,” Lieutenant Governor and Commerce Secretary David Toland stated. Continue reading