Stephen Brincks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Print With applications for the latest, $284 billion round of the Paycheck Protection Program restarting on Monday, demand is expected to be high among San Diego County small businesses reeling once again from pandemic restrictions on their operations. The forgivable loans, which provided a lifeline for many small businesses early in the pandemic, are not open to all qualifying firms just yet. The program has been tailored this time to give first-time borrowers and underserved businesses a head start in submitting applications. But soon most non-publicly traded small businesses with 300 or fe...

Update: President Trump signed the $900 billion aid package into law on Sunday, December 27.  If President Trump signs the latest Covid-19 relief bill into law in its current form--no guarantee given his erratic tweeting--it could usher in hundreds of billions in new aid for small businesses and individuals. The roughly $900 billion package extends a number of crisis-era small-business programs such as the Economic Injury Disaster Loan program, providing working capital for struggling businesses, as well as the Employee Retention Credit, a tax break that amounts to 70 percent on each ...