Next Stimulus Package Small Business
Below are details of small business provisions of the new stimulus package and as importantly.
Next stimulus package small business. If you are a small business owner the covid 19 stimulus package that congress passed on monday evening december 21 2020 has some very good news. The new package also sets aside 15 billion for small community banks and small credit unions as well as an additional 15 billion for mission based community lenders such as community development financial institutions certified development companies minority depository institutions and sba microloan intermediaries. Wbrc another economic stimulus bill is in the works meaning potential financial relief to many.
As of last week lawmakers were considering a package to provide an additional 300 per week unemployment stimulus compared to the additional 600 per week previously offered through july. The first coronavirus relief package helped many small businesses earlier this year with payroll protection and disaster relief loans but the next bill could help businesses even more. If your small business has been struggling because of the covid 19 pandemic here are some important ways the new relief package passed by congress may help.
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. New relief package provides next round of ppp funding for small businesses 5 ways the new stimulus bill may help your small business the application won t be more than one page and should be. President elect biden is already talking about the next stimulus package but let s take a quick look at ppp2 and another facet a stealth stimulus the employee retention credit erc.
What you should do immediately to take advantage of these programs. There is welcome relief for small businesses. For individuals the next stimulus package could include enhanced unemployment payments.
If your small business has been. That s a lot of pressure. In addition to more paycheck protection program funds available congress passed tax relief for small businesses.
Keep in mind that this.