Sign Up For Small Business Stimulus Package

Read about other resources for your small business with our guide.

Sign up for small business stimulus package. The stimulus package is finally here with just days left in 2020. 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 small business administration under the stimulus package will oversee the paycheck protection program which will distribute 350 billion to small businesses that can be partially forgiven.

It s a giant last minute bill some 5 593 pdf pages long but fortunately you don t have to read the whole thing. Home above the fold how to access stimulus funding for your small business above the fold mar 31 2020 4 30pm how to access stimulus funding for your small business u s. Chamber staff gettyimages 1129262565.

In addition to this stimulus package the western australian government has announced measures to support small business during the coronavirus covid 19 pandemic. Fortunately it contains some help for small business owners. 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.

Signed into law by president trump on friday the package authorizes the small business administration to offer 100 guarantees for up to 349 billion in loans for small businesses that need to. Self employed individuals independent contractors and sole proprietors are also eligible. All states and territories are eligible.

There is welcome relief for small businesses. Any business with less than 500 employees is eligible for the loan.