Important update on emergency coronavirus relief
I wanted to pass along an important update from the Greater Franklin County Chamber of Commerce about the recent passage of nearly $500 billion in emergency interim coronavirus relief legislation.
The Greater Franklin County Chamber of Commerce reports:
“President Trump on Friday signed the nearly $500 billion “Phase 3.5” emergency interim coronavirus relief package into law after Congress passed legislation this week replenishing the fund for small businesses and adding billions of dollars in aid to hospitals across the country amid the COVID-19 pandemic.
The new interim emergency relief package, which provides $484 billion in additional funding, passed the House on Thursday and the Senate earlier this week.”
“The Small Business Administration could begin taking loan applications again as early as Monday of next week through the Paycheck Protection Program for small businesses slammed by coronavirus-related economic hardship."
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