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  4. Congress Extends Paycheck Protection Program Deadline to May

Congress passed a two-month extension of the Paycheck Protection Program for small businesses, including pathology practices, to apply for financial assistance, if needed.

This loan program created during the coronavirus pandemic was set to expire on March 31, but Congress agreed to give small businesses more time to apply and take advantage of the assistance. The program has a balance of $79 billion left after distributing hundreds of billions of dollars to companies.

For more information about the Paycheck Protection Program, visit the US Small Business Administration’s website.

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