News Formal

A New Small Business Relief Proposal—Even Bigger Than The PPP—Could Be Part Of The Next Stimulus Bill

  • 📰 Forbes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Democrats and Republicans may not agree on aid for the unemployed or for states and cities, but they do agree that small and mid-sized businesses need more help.

was proposed back in May by Sens. Todd Young and Michael Bennet as a broader alternative to the Paycheck Protection Program, which at the time they said was insufficient for the needs of the small and mid-sized businesses hit hardest by the coronavirus pandemic.

The PPP, on the other hand, originally provided two year loans for businesses with up to 500 employees, with forgiveness tied to quickly hiring back all workers . The RESTART Act is targeted towards the businesses that have been hit hardest by the economic slowdown, so the amount of loan forgiveness would depend on the amount of revenue the recipient has lost.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 394. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

ByteDance is looking outside of the US for its new TikTok headquarters - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE I hear shanghai is lovely this time of year. ZimbabweanLivesMatter
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Online art auctions are luring new bidders to the market: rich millennials under lockdown - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Pondering 'rich millennials'
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

6 key slides that map out BP's new strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »