Stimulus Update For Small Business

After months of waiting for much needed relief small businesses are finally getting renewed support from the federal government.

Stimulus update for small business. It provides another 284 billion in forgivable federally backed. 12 january 2021 the australian government has announced several stimulus and relief packages designed to sustain small businesses through the coronavirus covid 19 pandemic and keep employees in work. 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.

An update on relief and stimulus funds bloomberg revisiting relief funds as small business owners still struggle an update on ppp economic injury disaster loans and other aid as. 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 receive some additional assistance. The stimulus package is finally here with just days left in 2020.

The new 900 billion coronavirus relief and stimulus package includes an extension of last spring s paycheck protection program. On december 21 congress passed a deal on both a spending bill and another round of covid 19 stimulus relief. It s a giant last minute bill some 5 593 pdf pages long but fortunately you don t have to read the whole thing.

Help for small business ken klein oaaa executive vice president government affairs congress is set to pass another covid relief package that will reauthorize and replenish emergency loan and grant programs for small businesses that continue to endure hardship as a result of the pandemic. 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.