By: Alex Rahn, Wanner Associates
On December 21st, the United States Senate and House of Representatives approved a $900 billion Coronavirus Relief Package. President Donald Trump has indicated he will approve the legislation and has until December 28th to sign it.
The package contains $600 stimulus checks for those who make under a certain income and $300-per-week for federal unemployment stopped at 11 weeks.
The legislation also assigns $284 billion of the funds to a new round of Paycheck Protection Program (PPP). PPP eligibility is expanded for nonprofits, including 501C6 organizations which was a large push from the Chamber community.
Applications will be accepted:
Friday, December 18th at 3:00pm - Tuesday, December 28th, at 2:00pm
This program is being offered ONLY to those industries directly affected by Governor Wolf’s new mitigation order announced on Thursday, December 10th that went into effect on Saturday, December 12th and continues through Monday, January 4th.
The fourth installment of our National Small Business Town Hall from Inc. and the U.S. Chamber of Commerce took place April 17, and discussed the resources available to businesses in need of funding. Listen to the recording here.