Stimulus Update On Ppp

Fortunately it contains some help for small business owners. New stimulus package to include second draw of ppp loans update. Stimulus bill changes to all ppp loans on december 27 2020 president trump signed the 2021 consolidated appropriations act which also contained the latest stimulus relief bill.

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December 29 2020 the consolidated appropriations act of 2021 has been signed into law by the president.

Stimulus update on ppp. Ppp and stimulus update consolidated appropriations act 2021 part 2 as noted in our prior update the u s. Congress has approved the latest round of stimulus to help american businesses and individuals. Changes made to the economic stimulus paycheck protection program loans could make it easier to commit fraud.

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 following summarizes the paycheck protection program ppp 2 provisions of the new stimulus law.