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Congress and the President Approve $284 Billion Second Round of Paycheck Protection Program Loans In Support of Struggling Small Businesses | Hodgson Russ LLP

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In the waning evening hours of December 21, 2020, Congress passed the “Consolidated Appropriations Act, 2021,” a new, comprehensive COVID-19 relief bill. The bill passed by a wide margin with bi-partisan support, with votes of 92-6 in the Senate, and 359-53 in the House. While President Trump initially expressed his displeasure with the bill, he ultimately signed it into law on December 27, albeit with demands for changes that are unlikely to be met.
Among the many different components of the law is a retooled version of the Paycheck Protection Program (PPP), with some modifications, effectuated through the “Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act” (PPP2). The law authorizes the U.S. Small Business Administration (SBA) to issue more than $284 billion in a new round of forgivable PPP2 loan funds. Importantly, PPP2 makes some retroactive changes to the CARES Act that may impac ....

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A $900 billion down payment

A $900 billion down payment
jewishaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jewishaz.com Daily Mail and Mail on Sunday newspapers.

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LETTER: Thanks to Trump for vaccine development

LETTER: Thanks to Trump for vaccine development
shorelinemedia.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shorelinemedia.net Daily Mail and Mail on Sunday newspapers.

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Readers respond: A time to mourn

Readers respond: A time to mourn
Updated Dec 27, 2020;
Like seemingly everything this year, New Year’s Eve traditions around the world will be disrupted due to the COVID-19 pandemic. Crowds will be limited around Sydney’s famous harbor for the annual Aussie fireworks show. Big Ben will ring in a new year (and new, post-Brexit era) in London, but nobody will be there to listen. Times Square, usually packed with revelers, will be quiet, as the ball drop goes virtual.
We’ll surely miss the crowds that hopefully welcome the changing of the calendar. But the real need this year – as we descend into the longest of winters – is not noisemakers and countdowns, but reflection and remembrance. ....

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LIVE Trump Stimulus News | One News Page

LIVE Trump Stimulus News | One News Page
onenewspage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onenewspage.com Daily Mail and Mail on Sunday newspapers.

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