It’s a similar situation with SBA’s popular Paycheck Protection Program (PPP), which was funded for a 2nd round of forgivable business loans in the $1.9 trillion American Rescue Plan Act. The PPP loan portal was closed to most applicants earlier this month despite the fact that the program was officially extended until May 31. There are still two longshot possibilities for PPP funding. First, businesses working through community financial institutions may still apply through May 31. Community Financial Institutions include Community Development Financial Institutions, Minority Depository Institutions and CDCs – Certified Development Companies. The agency has until June 30 to approve any remaining loans. Secondly, if your PPP loan-forgiveness application is denied, you may a chance to appeal the denial. SBA last year issued interim rules, but lawyers working on PPP issues advise applicants should move quickly to file your appeal and be sure to include additional justification and documentation for the loan. The specific process by which appeals will be heard has yet to be made public, so it possibly behooves you to be ready when they are.