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Paycheck Protection Program Would Get $300B What That Means For Florida s Small Businesses

Congress on Monday passed a $900 billion COVID-19 relief package. It awaits President Trump s signature, but he has threatened a veto. Bill Herrle heads the National Federation of Independent Business in Florida. He says the aid would be welcome. Congress on Monday passed a $900 billion COVID-19 relief package. In it, more than $284 billion will go to the federal Paycheck Protection Program. It gives loans to small businesses who then use that money to pay their employees. The program s goal is to prevent layoffs for businesses impacted by the pandemic. The program stopped accepting applications in early August, but now, if President Donald Trump signs the aid package, business owners could once again apply for PPP loans.

Paycheck Protection Program receives roughly $300 Billion What Does That Means For Florida s Small Businesses

U.S. Capitol Christmas Tree is seen at the U.S. Capitol at night after negotiators sealed a deal for COVID relief Sunday, Dec. 20, 2020, in Washington. Top Capitol Hill negotiators sealed a deal Sunday on an almost $1 trillion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them. Last night, Congress passed a COVID-19 relief package. In it, more than $284 billion will go to the federal Paycheck Protection Program (PPP). It gives loans to small businesses who then use that money to pay their employees. The program s goal is to prevent layoffs for businesses impacted by the pandemic. The program stopped accepting applications in early August, but now, if President Trump signs the COVID-19 aid package, business owners could once again apply for PPP loans.

Paycheck Protection Program receives roughly $300 Billion What Does That Means For Florida s Small Businesses?

AP Photo U.S. Capitol Christmas Tree is seen at the U.S. Capitol at night after negotiators sealed a deal for COVID relief Sunday, Dec. 20, 2020, in Washington. Top Capitol Hill negotiators sealed a deal Sunday on an almost $1 trillion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them. Last night, Congress passed a COVID-19 relief package. In it, more than $284 billion will go to the federal Paycheck Protection Program (PPP). It gives loans to small businesses who then use that money to pay their employees. The program s goal is to prevent layoffs for businesses impacted by the pandemic. The program stopped accepting applications in early August, but now, if President Trump signs the COVID-19 aid package, business owners could once again apply for PPP loans.

Veteran of the Year Award, new license, new banking committee chairman

Sarasota Herald-Tribune On Veterans Day, during an observance at VFW Post 3233, Army veteran Todd Hughes was honored by the Sarasota County Veterans Commission with the John H. McLain Veteran of the Year Award. Hughes is manager of the Goodwill Manasota Veterans Services Program. The award is the highest honor that the commission bestows annually upon a veteran. Hughes served with the Army in Iraq. He was injured by an improvised explosive device (IED) and, although he suffered some immediate health impacts, he completed his tour of duty before returning home a few months later. After his return home, he was diagnosed with a serious head injury that significantly impacted his day-to-day well-being, as well as his ability to keep a job.

Thursday s Daily Pulse

Thursday s Daily Pulse | 12/17/2020 Golden Spoon Awards: Florida s best places to dine Florida caught some breaks with more outdoor dining, less stringent lockdowns and, surprisingly, a boomlet in beach tourism by quarantine-exasperated Americans. Facing the virus and public fears, Florida restaurateurs masked up and fought back with massive sterilization programs, more take-out and delivery, cooking classes, family meal packages, parking lot seating, temporary popups and pizza, pizza, pizza. Even the most successful say their restaurants would not have survived without millions in loans from the federal Paycheck Protection Program, however. [Source: Florida Trend] Florida banks ready for a second round of PPP loans

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