COVID-19 RELIEF PACKAGES AND PAYCHECK PROTECTION PROGRAM

HEDCO has recently updated their COVID-19 toolkit to reflect the newest offerings that business owners can utilize as we continue to navigate the coronavirus pandemic.

The U.S. Small Business Administration, in consultation with the Department of the Treasury, has re-opened the Paycheck Protection program for first-time borrowers, as well as second draw loan applicants. In addition to this, President Biden released a summary of his $1.9 trillion COVID relief package that calls for funding for vaccine distribution, extends unemployment benefits, aid to local governments, another round of direct payments to individuals, and a plan to help child care centers reopen; more information on this can be found in HEDCO’s toolkit, as well.

Click the link below to access these resources and review which policy updates might be applicable to you and your business.

https://www.hedco.org/covid-information/