Stimulus Small Business Update

A key part of the proposal is a 1 400.

Stimulus small business update. It s a giant last minute bill some 5 593 pdf pages long but fortunately you don t have to read the whole thing. The agreement sets aside 285 billion for additional loans to small businesses under the paycheck protection program renewing the program created under the initial stimulus legislation. As a quick review small business owners can look forward to.

The new 900 billion coronavirus relief and stimulus package includes. Below are details of small business provisions of the new stimulus package and as importantly. A new round of paycheck protection program ppp loans more permissive rules on deducting expenses that were paid with ppp loan funds.

Keep in mind that this. For the latest information on the recent stimulus package register here for our third small business update event which will take place on tuesday january 19 at 2 p m. President elect biden has called the most recent stimulus package a down payment and vows to push for more funding for vaccine distribution reopening schools struggling small businesses and more.

With the recent passing of a 900 billion stimulus bill by congress individuals and small businesses that continue to be impacted by the covid 19 pandemic may soon. The stimulus package is finally here with just days left in 2020.