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:

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