Update on the PPP Loans in the Newest Stimulus Package

Update on the PPP Loans in the Newest Stimulus Package
SVA Certified Public Accountants

On Sunday, Congress agreed on a nearly $900 billion COVID-19 relief package which includes help for businesses struggling in the pandemic.

The legislation provides relief for the jobless, including an extension of unemployment insurance and a federal unemployment insurance bonus of $300 per week, over $284 billion more in loans for businesses struggling to pay rent and workers, $69 billion in testing and vaccine distribution funds, and $82 billion in funding for colleges and schools. (Source: CBS News)

Lawmakers are expected to vote on the package beginning Monday, December 21st.

During this webinar, SVA’s team will discuss the stimulus package and the aspects that will impact businesses. PPP loans are a significant part of this legislation and there will be much to discuss as this next round of PPP loans becomes available.

Presented by:

Dan Glomski, CPA, ABV, CVA, MST | Principal
Eric Trost, CPA, MST | Principal
Nancy Mehlberg, CVB, EA | Principal