PPP extended to May 31 with Kansas and Missouri support
Kansas and Missouri credit unions have more time to help members gain access to the Paycheck Protection Program (PPP). Congress approved and President Joe Biden signed legislation that extends the PPP through May 31. It was originally set to expire on March 31. The bill also addresses concerns with processing timeframes, as it gives the Small Business Administration until June 30 to address and process backlogged PPP loan applications.
H.R. 1799, the PPP Extension Act of 2021, was cosponsored by U.S. Rep. Blaine Luetkemeyer (R-MO District 3). In the House, the entire Kansas delegation and all Missouri representatives except U.S. Reps. Cori Bush (D-MO District 1) and Emanuel Cleaver (D-MO District 5) voted in support of the extension. In the U.S. Senate, U.S. Senators Roy Blunt (R-MO), Roger Marshall (R-KS) and Jerry Moran (R-KS) voted in favor of the bill and U.S. Senator Josh Hawley (R-MO) voted no.
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