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The package also includes $2.2 billion for the Small Business Administration’s disaster loan program, $21 billion in disaster relief for farmers (including the $10 billion in economic assistance ...
The funding package, which includes $40 billion for FEMA's disaster relief fund and more than $2 billion for the depleted Small Business Administration loan program, would be delivered to Congress ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
Jared Kushner's businesses may generally be eligible for relief under the Economic Stabilization Fund because, according to The New York Times, he usually owns less than 20% of his family's real estate projects. [60] On April 21, the Trump Organization said it would not seek a Small Business Administration federal loan.
The Small Business Administration's disaster relief program quickly ran out of money, and had to be paused after receiving 49,000 applications for relief from people impacted by recent hurricanes.
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