New Stimulus Check For Small Businesses
Second stimulus package s relief for small businesses by stephen fishman j d.
New stimulus check for small businesses. Its proposal would send out 1 400 per person for those under certain income thresholds topping off the 600 checks that came as part of the december relief package. What small business owners need to know about the new stimulus package breaking down changes to the employee retention tax credit in the new covid relief bill part 1 that s a lot of pressure. Stefano tromba dec 22 2020 what small business owners need to know about the new stimulus package.
Keep in mind that this. What you should do immediately to take advantage of these programs. But instead of having you read over 5 000 pages that make up this bill we thought we d share the highlights for small business owners.
Federal lawmakers have agreed to revive the signature small business relief effort established last spring committing 285 billion for additional loans under the paycheck protection program and. The long awaited stimulus package is finally here. In order to help prevent larger companies from accessing small business aid the new bill defines small businesses as companies with fewer than 300 employees.
New relief package provides next round of ppp funding for small businesses 5 ways the new stimulus bill may help your small business the application won t be more than one page and should be. Congress has passed a new stimulus bill consolidated appropriations act of 2021 that contains many provisions designed to help small businesses that continue to struggle in the wake of the covid 19 pandemic. Depositphotos covid relief ppp bill there is.
Below are details of small business provisions of the new stimulus package and as importantly. The initial stimulus fund for small businesses the paycheck protection program reached its nearly 350 billion cap less than two weeks after the program was launched.