Close icon
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.
Rep. Blaine Luetkemeyer (R-MO).
The House voted to extend the Paycheck Protection Program through May 31.
The bill also allows the Small Business Administration to process loan applications through June 30.
The 415-3 bipartisan vote may ensure small businesses won't experience a lapse in needed aid.
To continue providing aid to small businesses recovering from the pandemic, the House voted on Tuesday to extend the Paycheck Protection Program (PPP) by two months, ahead of its expiration on March 31.
The bill to extend the PPP had been introduced on March 11 by Small Business Committee Chair Nydia Velàzquez, Ranking Member Blaine Luetkemeyer, Rep. Carolyn Bourdeaux of Georgia, and Rep. Young Kim of California. Less than a week later, the House overwhelmingly voted by 415-3 to extend the program through May 31 to avoid a lapse of aid.