PPP Application Deadline Extended to May 31

President Biden has signed into law the PPP Extension Act of 2021, which gives businesses and nonprofits more time to apply for a second draw or first draw Paycheck Protection Program (PPP) loan.

Previously set to close today, March 31, the PPP application portal will now remain open through May 31, 2021 . In addition, the Act also extends the PPP authorization period through June 30, 2021, giving the SBA more time to approve qualified applicants.

Please contact your Grassi advisor or our Crisis Response & Recovery hotline at 212.223.6216 or response@grassiadvisors.com to learn more about taking advantage of this extra time to secure the relief your organization deserves.


Lou Pizzileo Louis Pizzileo is an assurance and advisory Partner at Grassi and leads the firm’s SEC and Capital Markets Practice. He has over 25 years of experience serving growth-minded middle market and Fortune 500 companies. As the leader of SEC & Capital Markets team, Lou has guided many micro, mid, and small-cap companies through successful initial public offerings. He has also assisted existing public companies... Read full bio