2nd Stimulus Package For Business

The initial grant can total up to 10 million per.

2nd stimulus package for business. Fortunately it contains some help for small business owners and the self employed. The economic stimulus package already has improved the morale of small business owners. A guide for small businesses by brendan tuytel on december 23 2020 in the last days of 2020 the us government passed a stimulus bill packed with benefits for small businesses.

What you should. Relief deal would give small businesses a shot at a second loan the stimulus package being negotiated in washington includes 285 billion for a renewed paycheck protection program. The second stimulus package is being referred to as a stopgap for good reason it s not going to fix all the current hurdles businesses are facing but it s a start.

The second stimulus package. You could boil a cup of tea sit down and enjoy a read through the 5 000 plus page bill. Utah s small business will get another boost from the new stimulus package but this deal isn t the same as the last stimulus.

The package creates a 15 billion grant program for live venues theaters and museum operators that have lost at least 25 of their revenues. Wlox monday small businesses were already planning to apply for the second draw of the paycheck protection program after president donald trump signed the 900 billion. The other good news is that the new bill offers a second ppp loan for companies with fewer than 300 employees who suffered a 25 drop in any quarter s revenue from 2019 to 2020.

Below are details of small business provisions of the new stimulus package and as importantly. Kelly vaughen reports businesses that already got.