TOPEKA вЂ“ With the launch of 2021 Coronavirus relief programs, Governor Kelly today announced Kansans will 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 struck by COVID-19,вЂќ Governor Laura Kelly stated. вЂњThe Paycheck Protection Program is key to maintaining our state on the way to recovery. This is an excellent step of progress, but we understand the necessity for relief is very good вЂ“ and I also will continue to push for extra stimulus financing to aid KansasвЂ™ financial data data data recovery.вЂќ
Led because of the small company management (SBA) while the Treasury Department, the PPP is a federally administered system delivering loans to businesses that are small protect payroll expenses. 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 previous 12 months, the Paycheck Protection Program offered federal help to thousands of Kansas smaller businesses, but we recognize that the requirement continues to be great,вЂќ Lieutenant Governor and Commerce Secretary David Toland stated. вЂњThis system exists to place dollars that are federal the fingers of small enterprises whom need them many.