Deadline For COVID Small Business Loans Extended

Small business owners impacted by the COVID-19 pandemic now have until December 31, 2021, to apply for a loan. The U.S. Small Business Administration extended the deadline as a result of the recent bipartisan COVID-19 Relief Bill. To date, the SBA has approved $197 billion in low-interest loans, which provide working capital funds to small businesses, nonprofits, and agricultural businesses.