04.24.20

More relief for small businesses

Friend, 

The Paycheck Protection Program (PPP) was created to help small businesses stay open and pay their employees during this COVID-19 crisis. Unfortunately, due to high demand, this program ran out of funding last week.

Now, more relief for small businesses is on the way.

Yesterday, Congress passed a bill that will provide $310 billion in additional funds to replenish the Paycheck Protection Program. It also includes:

  • $75 billion for hospitals and health care providers.
  • $25 billion to expand testing capacity. 
  • $60 billion for economic loans and grants.

Once signed into law by President Trump, this critical funding will immediately start flowing to those who need it.

For more information on the PPP, click here. 

This new funding will offer a lifeline to Georgia small businesses and the hardworking women and men they employ.

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P.S. for information on the coronavirus and critical resources, click here.