---
title: Blog | Outside GC | loan forgiveness
description: loan forgiveness | The Outside GC blog features practical tips, insights, and other news from Outside GC's experienced on-demand attorneys. Read our latest blog posts here.
---

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## ON-DEMAND INSIGHTS

[![PPP Application Deadline Extended](https://62401.hs-sites.com/hubfs/iStock-1218907320.jpg) ](https://62401.hs-sites.com/blog/paycheck-protection-program-application-deadline-extended)

## [PPP Application Deadline Extended](https://62401.hs-sites.com/blog/paycheck-protection-program-application-deadline-extended)

 July 9, 2020 at 8:34 AM - [CARES Act](https://62401.hs-sites.com/blog/topic/cares-act),

Last week, the Paycheck Protection Program (PPP) application deadline was extended from June 30, 2020 to August 8, 2020. According to reports from the Small Business Administration, the government agency that administers the PPP loans, approximately 4.9 million loans totaling over $520 billion have been approved, with about $130 billion in funding remaining to help small businesses. Congress is currently debating whether small, harder-hit businesses should be allowed a second round of funding under the program.

[Continue Reading](https://62401.hs-sites.com/blog/paycheck-protection-program-application-deadline-extended)

[![Paycheck Protection Program - Latest Updates](https://62401.hs-sites.com/hubfs/iStock-1218907320.jpg) ](https://62401.hs-sites.com/blog/paycheck-protection-program-latest-updates)

## [Paycheck Protection Program - Latest Updates](https://62401.hs-sites.com/blog/paycheck-protection-program-latest-updates)

 June 16, 2020 at 11:04 AM - [CARES Act](https://62401.hs-sites.com/blog/topic/cares-act),

Since our [last update](https://www.outsidegc.com/blog/more-guidance-on-the-paycheck-protection-program), there have been several important changes to the Paycheck Protection Program under the CARES Act. On June 5th, Congress passed the [Paycheck Protection Program Flexibility Act](https://www.congress.gov/bill/116th-congress/house-bill/7010/text) (PPFA), effectively amending the PPP by modifying certain provisions related to loan forgiveness and loosening guidelines for borrowers. Also, in an on-going effort to support PPP borrowers, the Treasury Department has issued additional guidance, including new interim final rules and additional FAQs.

Below are the key points of each:

[Continue Reading](https://62401.hs-sites.com/blog/paycheck-protection-program-latest-updates)

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