Second Stimulus Package Grants
Early mornings lalate great news december 22 2020.
Second stimulus package grants. Here s what s included in the second stimulus package by rachel sanborn lawrence december 31 2020 in the last days of december 2020 after literally months of wrangling congress passed an amendment to the cares act that provides 900 billion in pandemic related economic relief. Major overnight change on the second stimulus check and stimulus package update this is a second. This includes the following programs.
Afternoons lalate great news november 14 2020. The second stimulus bill extends payroll taxes for another year to january 1 2022. These pools of money will fund loans up to 250 000.
The coronavirus relief package that congressional leaders agreed to this week includes grant money that many small proprietors described as a last hope for survival. A first grant can be up to 10 million and a second grant could be up to 50 of the first grant. Eligible entities for these second draw ppp loans must be businesses certain non profit organizations housing cooperatives veterans organizations tribal businesses self employed individuals sole proprietors independent contractors and small agricultural co operatives.
After that date your business is required to pay half the taxes by the end of 2022 and the other half by the end of 2023. Second stimulus check update news today along with your national and sports news this is a sec. Grants for theaters and other live venues the package creates a 15 billion grant program for live venues theaters and museum operators that have lost at least 25 of their revenues.