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Without a moment to spare, the United States Senate just voted overwhelmingly 92-to-7 to extend the PPP application deadline from March 31, 2021 to May 31, 2021. The House had already passed this legislation 415-to-3 earlier this month, so it now moves to the President’s desk for his signature and certain enactment. In an attempt to respond to scores of complaints about relaunching the SVOG application portal on a Saturday with very little notice, SBA has postponed the relaunch now to Monday, April 26, 2021 @ Noon ET. Make a loan today! If you’re already struggling to pay your bills or repay other money you have borrowed, it’s important not to take on extra borrowing (such as a personal loan). A borrower may fail to fully check out the lender. It’s important to know where the money is coming from. Usually, it’s from a few independent investors who are looking for an investment return. Making sure that the money is good and that the loan won’t suddenly fall apart is important. The balance sheet has to list all your business assets, liabilities and capital, and the latest balance sheet is the most important. Your Profit and Loss statements should normally go back at least three years, but exceptions can be made, occasionally, if you don’t have enough history, but you do have good credit and assets to pledge as collateral. You’ll also have to supply as much profit and loss history as you have, up to three years back.