Payroll Support Program Deadline is Tonight

If you are an air carrier or a contractor to an air carrier then you probably already applied for the Payroll Support Program financing last year. Congress has authorized a second round of funding and the first deadline for application is midnight tonight (January 14, 2021). Applications received after 11:59 p.m. EDT tonight will be considered, but may not be processed as quickly.

Information about the second Payroll Support Program, or PSP2, can be found on the Treasury Department’s website at https://home.treasury.gov/policy-issues/cares/preserving-jobs-for-american-industry/psp2.

Additional information can be found in these two documents:

About Jason Dickstein
Mr. Dickstein is the President of the Washington Aviation Group, a Washington, DC-based aviation law firm. Since 1992, he has represented aviation trade associations and businesses that include aircraft and aircraft parts manufacturers, distributors, and repair stations, as well as both commercial and private operators. Blog content published by Mr. Dickstein is not legal advice; and may not reflect all possible fact patterns. Readers should exercise care when applying information from blog articles to their own fact patterns.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: