What S In New Stimulus Bill Ppp

The legislation includes 600 stimulus checks per person including adults and children.

What s in new stimulus bill ppp. The tax related bits of the bill kick in around page 1 966. Eligible families will receive an additional. If your ppp loan was for 150 000 or less there will be a new simple one page form to apply for forgiveness.

There is welcome relief for small businesses. The size of the payment. The package sends direct stimulus payments of 600 to individuals half the amount provided in the first round of checks which went out in the spring.

This money would be in addition to the 600 payments that were approved by congress in. The legislation includes 600 stimulus checks per person including adults and children. In addition to more paycheck protection program funds available congress passed tax relief for small businesses.

That means a family of four would receive 2 400 up to a certain income threshold. After months of negotiations congress on monday passed a 900 billion covid 19 stimulus package with much needed financial relief for agricultural producers funding for food assistance programs enhancements to the paycheck protection program and funding for enhanced broadband access as well as additional financial resources for agricultural research and farmer stress assistance programs among others. The legislation also extends pandemic unemployment assistance a program aimed at a.

That means a family of four would receive 2 400 up to a certain income threshold. The new benefit up to 300 per week is half the amount provided by the original stimulus bill in the spring. Your lender should provide you a link to a form soon in the new year.

It also expanded ppp eligibility for. New checks worth 600 per person yes for children too are included in the new relief package. 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.