Stimulus Package For Small Business Owners

Many economists think the bill doesn t do enough to help many small businesses.

Stimulus package for small business owners. It s a giant last minute bill some 5 593 pdf pages long but. If you are a small business owner the covid 19 stimulus package that congress passed on monday evening december 21 2020 has some very good news. Here are the important parts for small business owners.

To aid small businesses and individuals impacted by the covid 19 pandemic the united states government recently passed three landmark acts including the largest economic stimulus package in history. However if the gop maintains control of the senate that will be a tough sell. Negotiations for a third stimulus package are being talked about for 2021.

But if small business owners like most americans exercise patience more modifications will likely be made. As a quick review small business owners can look forward to. In case you missed the details of what the act provides small business owners i wrote a summary here.

The coronavirus aid relief and economic security act or cares act passed march 27 directs more than 2 trillion to the u s. Congress took its time and president donald trump held it up but a new stimulus package was finally signed into law on sunday night. The stimulus package is finally here with just days left in 2020.

There is welcome relief for small businesses.