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The Internet is ablaze with news of the recently passed Coronavirus Response and Relief Supplemental Appropriations Act (Supplemental Act), which is part of the Consolidated Appropriations Act of 2021. Read on for how the Paycheck Protection Plan (PPP) changes in light of the Supplemental Act, as well as details about additional funding that is now available.
The Supplemental Act allows borrowers to use their PPP funds for additional forgivable expenses. Such expenses include:
Payment for any software, cloud computing, and other human resources and accounting needs.
Costs related to property damage due to public disturbances that occurred during 2020 that are not covered by insurance.
WASHINGTON — U.S. Sen. Roy Blunt, R-Mo., is highlighting some of the small business provisions in the COVID relief package, which was signed into law this week, that he led
Pierre, SD, USA / DRGNews
Dec 22, 2020 11:20 AM
South Dakota Sen. John Thune voted in favor of the $900 billion pandemic relief package that passed both the House and Senate in rapid succession last night (Mon.).
The first coronavirus vaccinations were distributed in the US last week and Thune says we need to build on that momentum to make sure distribution goes smoothly so we can vaccinate as many Americans as possible, as quickly as possible.
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The COVID relief package will help us achieve that goal by providing important funding for vaccine distribution. It will also provide critical support to Americans to help them weather the rest of this pandemic, including: A second round of Paycheck Protection funding for the hardest-hit small businesses; Money to help schools reopen and safely operate so that our kids aren’t left behind; And more money for coronavirus treatment and other front-line medical priorities.”
National & World Ag News Headlines
Farm Bureau Asks Congress to Act Quickly on PPP Fix
USAgNet - 12/15/2020 The American Farm Bureau Federation is asking Congress to tweak the Paycheck Protection Program to ensure farmers and ranchers don t have to pay taxes on their forgiven PPP loans. The PPP is providing vital working capital to farmers and ranchers who are struggling to remain operational due to the impacts of the global pandemic. The resources provided by the program are helping to maintain viability of American agricultural production
by providing farmers and ranchers funds to assist in paying wages, rent, mortgage interest and utilities, AFBF President Zippy Duvall noted in a letter to Congress.
Photos: The scene in Lincoln with much of city shut down
Finals week
A lone University of Nebraska-Lincoln prepares for a final with a start time of 6 p.m. on Saturday, Nov. 21, 2020, at Henzlik Hall. FRANCIS GARDLER, Journal Star FRANCIS GARDLER
Co-teaching
leads the in-person students aas Miranda Orellana leads the remote learners via zoom as the pair co-teach a fifth grade math lesson on Wednesday, Nov. 18, 2020, at Lakeview Elementary. GWYNETH ROBERTS, Journal Star GWYNETH ROBERTS, Journal Star
City Council distancing
Chairs for the public at the City Council meeting are seen wrapped up in plastic bags to encourage social distancing on Nov. 23 at County-City Building.Â