What’s in the Covid relief bill: PPP Provisions

The latest Covid-19 relief bill, the Consolidated Appropriations Act of 2021, provides more funding for new Paycheck Protection Program loans, simplifies the forgiveness application process and allows tax deductibility for business expenses paid with forgiven PPP loans, among other provisions. Included in the $900 billion Covid relief bill is $325 billion in aid for small […]

Additional relief coming soon for health care providers

Health care providers could see even more relief if the $484 billion interim coronavirus relief measure is signed by President Trump. The lion’s share of the bill passed the week of April 20 is dedicated to replenishing the Small Business Administration’s (SBA) now-exhausted Paycheck Protection Program and $60 billion for disaster loans through the Economic […]

Next round of PPP funding could open soon

The next round of Paycheck Protection Program small business loans is set to open up this week or early next week, which means businesses that did not receive funding from the original $349 billion PPP funds through the Coronavirus Aid, Relief and Economic Security (CARES) Act should be ready to submit their applications. The Senate […]