The U.S. House of Representatives Democratic leadership unveiled the COVID-19 fourth stimulus package. The House is expecting to vote on the package on Friday.
The bill also makes changes to the Paycheck Protection Program (PPP), including expansions to the types of organizations that are eligible for the loans, specifically allowing 501(c)(6) business trade associations to apply for the PPP.
The House Committee on Small Business distributed a summary of the changes to the program.To read the highlighted summary, click here.
To read the FAQ Sheet, click here.
To read the summary of changes to the PPP, click here.
To read the full bill text, click here.