News Flash

Home

Posted on: January 6, 2021

U.S. Chamber of Commerce Guide to Small Business COVID-19 Emergency Loans

As part of an end-of-year pandemic relief package, Congress has passed several changes to the Paycheck Protection Program (PPP) and created a “Second Draw” PPP for small businesses who have exhausted their initial loan. Other changes impact eligibility for initial PPP loans, the loan forgiveness process, and the tax treatment of PPP loans.  

Congress has also made changes to other programs – including Economic Injury Disaster Loans (EIDL Program), the Employee Retention Tax Credit, a Venue Grant program, and SBA loan programs –that will benefit small businesses. Here’s everything small business owners need to know now:  Guide to Small Business COVID-19 Emergency Loans | U.S. Chamber of Commerce 


Facebook Twitter Email

Other News in Home

Covid-19 Small Business Resource Page

Posted on: January 13, 2021

CDBG Quarterly Fair Housing Activity

Posted on: December 4, 2020

FEMA Final Public Notice

Posted on: July 21, 2020

Main Street Troy

Posted on: July 2, 2020

Walk the trail in tiny Troy

Posted on: July 27, 2015

Check out our new website features

Posted on: December 22, 2005