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Relief for Small Businesses

By: Matt Karol / Posted on: April 23, 2020

Earlier this week the United States Senate passed a nearly $500 billion coronavirus ‘Phase 3.5’ relief bill that would replenish the small business rescue program known as the Paycheck Protection Program (PPP). Along with this, $75 billion will go to hospitals to implement a nationwide COVID-19 virus testing program as well as research funding to move forward with reopening the economy. Over the past 4 weeks, more than 22 million people filed for unemployment as most of the country remains closed to slow the spread of COVID-19.

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