Second Stimulus Package For Business

Below are details of small business provisions of the new stimulus package and as importantly.

Second stimulus package for business. While the package provides far more money for k 12 schools than the first stimulus bill in march the funds still fall short of what both sectors say they need to blunt the effect of the pandemic. The bill would also clear up problems for paycheck protection program borrowers who took relief from a second small business. This can be your first or second ppp loan.

Businesses that already got a paycheck protection program ppp loan will likely have access to more funds and some might be eligible for another loan. This article relates to the government s second stimulus package announced on march 22. The stimulus package being negotiated.

That aid is much needed as minority owned businesses generally defined as companies that are more than 50 owned by black hispanic asian native american or female entrepreneurs have disproportionately suffered during the pandemic. Kelly vaughen reports businesses that already got. Any software cloud computing or other human resources and accounting needs.

If you run a minority owned business please pay attention. Politics stimulus package coronavirus business u s. It does not include information on the 130 billion wage subsidy package announced on march 30.

In the second stimulus bill it s stated that businesses can now spend their ppp loan on the following additional expenses. The federal stimulus bill signed this week has help targeted for you. Utah s small business will get another boost from the new stimulus package but this deal isn t the same as the last stimulus.

Small businesses were already planning to apply for the second draw of the paycheck protection program after president donald trump signed the 900 billion coronavirus relief package along with. A second coronavirus stimulus package passed on december 21 and it isn t quite as generous as the first.