Stimulus Grants And Loans

Grants for independent entertainment venues the stimulus bill outlines a new 15 billion program grants for shuttered venue operators which gives up to 10 million in aid for live music venues.

Stimulus grants and loans. When eidl economic injury disaster loan grants were passed by congress they allowed for a 10 000 advance to be treated as a grant not. The cares act passed in march 2020 included a grant for those who applied for an eidl loan in the amount of up to 10 000. Two weeks ago a new stimulus package proposal would have extended student loan relief through april 30 2021.

Included in the stimulus package that congress passed this week is funding for more eidl grants for small businesses. The bill earmarked 20 billion for eidl grants which are grants of up to 10 000 for small businesses alongside the 284 billion earmarked for forgivable ppp loans. If passed the emergency coronavirus relief act of 2020 ecra would set aside 300 billion to the small business administration sba in loans grants and debt relief to.

The sba later determined that those grants would be made in an amount of 1000 per employee. There s a new round of scams too. We offer multiple funding options for those seeking relief.

The qualification rules for eidl grants have changed in this round from the first round of eidl grants also known as eidl advances in the cares act. The stimulus legislation is to authorize 285 billion in additional guarantees and schumer. Ppp loans are made by banks and other private lenders and are guaranteed by the federal government.

We re here to help you overcome the challenges created by this health crisis. Congress announced another 20 000 000 000 in emergency eidl grants advances in the new stimulus bill. Congress was negotiating a new stimulus bill on thursday that could offer more relief to small business owners who have been affected by the covid 19 restrictions.