"The federal small-business agency was given an extended processing window (until June 30) to handle PPP loan applications, with the goal of addressing application backlogs and ensuring critical support isn't cut off; coupled with program tweaks—like a 14-day priority period for businesses with fewer than 20 employees, adjusted formulas for sole proprietors, and expanded allowable uses such as paying vendors and building outdoor dining—this extra time is intended to make distribution more equitable." - Jaya Saxena