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Deadline extended (again) for companies repaying higher PPP loans

Businesses have until Monday to pay back a Paycheck Protection Program (PPP) loan of $2 million or more to avoid a federal investigation for potentially taking more public funds than they needed to keep the company afloat during the coronavirus pandemic, federal policymakers announced late Wednesday.

Justin Henry is the regional reporter for the Central Penn Business Journal and the Lehigh Valley Business. He can be reached at jhenry@bridgetowermedia.com.

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