House of Representatives quickly passes PPP deadline extension; Trump to review for final decision

House of Representatives quickly passes PPP deadline extension; Trump to review for final decision

House of Representatives quickly passes PPP deadline extension; Trump to review for final decision
Reading Time: < 1 minute(Last Updated On: July 2, 2020)

Late Tuesday night the Senate passed a unanimous vote in favor of extending the deadline for small businesses to apply for the Paycheck Protection Program to August 8.

Within 24 hours, the proposal received a second unanimous vote of approval from the House of Representatives. The decision has now been passed on to President Trump for his signature which would make it effective.

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