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4-21-2020
Here’s an update to the stimulus package (CARES Act) directly from the Senate – this bill was unanimously approved doubling the EIDL (Emergency Injury Disaster Loan) Grant Program.
The interim bill includes:
-$300 billion in additional Paycheck Protection Program (PPP) funding for payroll expenses (this is the forgivable loan program, but follow the video I made on pitfalls).
-$50 billion in additional EIDL money.
-$75 billion for hospitals
-$25 billion for testing
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