New Stimulus Package Ppp Update

What s in the stimulus package for small businesses ppp.

New stimulus package ppp update. December 22 2 51 pm. This new package provides additional funding for those businesses that did not receive ppp money in the first round especially minority and women owned businesses. On december 27 2020 president trump signed into law a 908 billion relief package.

Please be sure to check back for updates. Small business administration sba with an additional 284 billion for ppp loans 20 billion for economic injury disaster loan eidl grants and 11 billion to the u. The small business administration sba has 10 days to issue guidance on the application process.

In this 4 minute read. 284 billion of new ppp. The new bill provides additional funding for the paycheck.

New funding new rules simplified application. On december 21 2020 congress passed a new stimulus package including 900b in coronavirus relief. Click here for a recording of the new year updates on ppp and eidl webinar that took place on january 6.

December 29 2020 the consolidated appropriations act of 2021 has been signed into law by the president. New stimulus ppp package. Have ppp eidl or tax questions.

As i will continue to update. Ppp eidl update december 22 2020 14 minutes read. What you need to know late on december 21 2020 congress passed its latest stimulus package.