Stimulus Deal And Ppp

Senate majority leader mitch mcconnell announced sunday that congress has reached an agreement on a covid 19 relief bill nexstar reported.

Stimulus deal and ppp. The stimulus bill being debated in congress right now could offer another round of ppp funding grants to live venues and more. The deal includes a 900 billion economic stimulus package that will provide relief benefits to businesses and individuals impacted by the covid 19 pandemic. You can read my summary of the stimulus.

Financial support for businesses. The ppp is just a piece of the larger stimulus bill. Direct payments of 600 per adult and child.

More info about stimulus. Congress finally passed a new stimulus bill. Congress has approved a second covid 19 stimulus deal with both business and individual benefits.

In response to a great deal of outcry public companies may not apply. The measure includes 284 billion for another round of ppp which would be extended through march for first and second loans for small businesses and nonprofits. It s great news for anyone with a current ppp loan.

The deal set to be voted on monday also included 26 billion in food and farm aid split equally between stimulus for farmers and ranchers and an increase in food stamp benefits and money for. Congress reaches deal on coronavirus stimulus includes ppp and direct payments. Top on the list may be the deductibility of businesses expenses paid with paycheck protection program loans.

The aid package calls for 600 payments to american adults and 284 billion for the second round of ppp with some amended rules. Relief deal would give small businesses a shot at a second loan the stimulus package being negotiated in washington includes 285 billion for a renewed paycheck protection program. The following is a summary of some of the provisions that will have a major impact.