--- title: PPP Payment Deferral Period is Coming to an End for Early Borrowers description: CRR's Nick Sampson outlines everything PPP borrowers need to know about the end of the payment deferral period. image: https://www.crradvisors.com/hubfs/AdobeStock_407792416_Editorial_Use_Only.jpeg --- [Skip to content](https://www.crradvisors.com/blog/ppp-payment-deferral-period-is-coming-to-an-end-for-early-borrowers#main-content) [![CRR](https://www.crradvisors.com/hubfs/CRR.svg)Homepage](https://www.crradvisors.com) - [Home](https://www.crradvisors.com) - [Services](https://www.crradvisors.com/services) - [Audit & Assurance](https://www.crradvisors.com/services/accounting-auditing) - [Business Valuation](https://www.crradvisors.com/business-valuation) - [Client Accounting + Advisory Services](https://www.crradvisors.com/caas) - [Private Client Services](https://www.crradvisors.com/private-client-services) - [Tax for Businesses](https://www.crradvisors.com/tax-services-business) - [Tax for Individuals](https://www.crradvisors.com/tax-services-individual) - [Transaction Advisory](https://www.crradvisors.com/transaction-advisory-services) - [Industries](https://www.crradvisors.com/industries) - [Blog](https://www.crradvisors.com/blog) - [About Us](https://www.crradvisors.com/about-us) - [Team & Careers](https://www.crradvisors.com/about-us) - [CRR Charitable Foundation](https://www.crradvisors.com/crr-charitable-foundation) - [Contact](https://www.crradvisors.com/contact-us) - [Client Tools](https://www.crradvisors.com/client-portal) - [Home](https://www.crradvisors.com) - [Services](https://www.crradvisors.com/services) - [Audit & Assurance](https://www.crradvisors.com/services/accounting-auditing) - [Business Valuation](https://www.crradvisors.com/business-valuation) - [Client Accounting + Advisory Services](https://www.crradvisors.com/caas) - [Private Client Services](https://www.crradvisors.com/private-client-services) - [Tax for Businesses](https://www.crradvisors.com/tax-services-business) - [Tax for Individuals](https://www.crradvisors.com/tax-services-individual) - [Transaction Advisory](https://www.crradvisors.com/transaction-advisory-services) - [Industries](https://www.crradvisors.com/industries) - [Blog](https://www.crradvisors.com/blog) - [About Us](https://www.crradvisors.com/about-us) - [Team & Careers](https://www.crradvisors.com/about-us) - [CRR Charitable Foundation](https://www.crradvisors.com/crr-charitable-foundation) - [Contact](https://www.crradvisors.com/contact-us) - [Client Tools](https://www.crradvisors.com/client-portal) ![](https://www.crradvisors.com/hs-fs/hubfs/AdobeStock_407792416_Editorial_Use_Only.jpeg?width=6960&height=4640&name=AdobeStock_407792416_Editorial_Use_Only.jpeg) Regulatory Updates Business Advisory COVID-19 # PPP Payment Deferral Period is Coming to an End for Early Borrowers ![Nick Sampson](https://www.crradvisors.com/hs-fs/hubfs/Images/Company_Photos/Headshots/Sampson_Nick.png?width=48&height=48&name=Sampson_Nick.png) Nick Sampson November 29, 2021 If you were an early Paycheck Protection Program (PPP) borrower who has not yet applied for forgiveness, your loan payments may be due soon. Under the PPP guidelines, borrowers are eligible to apply for forgiveness at any time before their loan’s maturity date. If you do not apply for forgiveness within 10 months after the last day of the loan’s covered period (8-24 weeks from the date of your loan disbursement), PPP loan payments will no longer be deferred and you must begin to make payments to your lender, regardless of whether you expect to have your loan forgiven. If your loan is forgiven after you have made payments, you will receive a refund. If you haven’t applied for forgiveness yet, it’s not too late. Borrowers can apply for forgiveness through your lender, who will submit your forgiveness application to the Small Business Administration (SBA). If forgiveness is not granted, your lender will notify you of your first payment deadline. If you have questions about the PPP payment deferral period, payment deadlines, or forgiveness application process, leave a comment below or feel free to reach out to me directly, I’m happy to help! ## Share this post [mailto:https%3A%2F%2Fwww.crradvisors.com%2Fblog%2Fppp-payment-deferral-period-is-coming-to-an-end-for-early-borrowers](mailto:https%3A%2F%2Fwww.crradvisors.com%2Fblog%2Fppp-payment-deferral-period-is-coming-to-an-end-for-early-borrowers) ## Keep reading ### [![](https://www.crradvisors.com/hs-fs/hubfs/AdobeStock_808994683.jpeg?width=4823&height=2412&name=AdobeStock_808994683.jpeg) Transaction Advisory Banks Banking What the SBA's New Quality of Earnings Rule Means for Your Next Deal](https://www.crradvisors.com/blog/what-the-sbas-new-quality-of-earnings-rule-means-for-your-next-deal) ### [![Staffing agency employees having a team meeting](https://www.crradvisors.com/hs-fs/hubfs/AdobeStock_1876259626.jpeg?width=7936&height=5291&name=AdobeStock_1876259626.jpeg) Staffing Staffing Series Week 4: What Staffing Agency Owners Should Know About the Work Opportunity Tax Credit (WOTC)](https://www.crradvisors.com/blog/staffing-series-week-4-what-staffing-agency-owners-should-know-about-the-work-opportunity-tax-credit-wotc) [![CRR](https://www.crradvisors.com/hubfs/CRR.svg "CRR")](https://www.crradvisors.com) *"CRR" is the brand name under which CRR, LLP and Bridgepoint Alliance, LLC, doing business as CRR Advisors, offer professional services to its respective clients in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations, and professional standards. 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