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No funds from the Restaurant Revitalization Fund? Maybe there will be a 2nd round

In the original Restaurant Revitalization Fund (RRF), there were $28 billions available and the program run out of funds pretty quickly. Applicants within the priority group received approximately $18 billion in grants; including $7.5 billion for women-owned businesses, $1 billion for veteran-owned businesses, $6.7 billion for social and economically disadvantaged-owned businesses and $2.8 billion for

By |2021-08-25T10:10:49+00:00August 25th, 2021|Categories: Business|Tags: , , , , , , , , |

Second Stimulus check proposals (not yet finalized)

Democrats and Republicans have been in talks about the fourth and final stimulus relief package. Back in May, the House Democrats approved the HEROES Act but that bill was thrown out by the Republican-controlled Senate and President Donald Trump as Republicans supported the HEALS Act. Now, there is a new proposal for a $1,000 one time

By |2021-01-05T11:02:02+00:00August 4th, 2020|Categories: Individuals|Tags: , , |

Congress considering a second round of PPP

Congress is considering a second round of PPP for hard-hit businesses, which probably is directed to retail, restaurant, tourism, events, etc. Based on the article (link below), this second round would be structured in the following way: About $190 billion worth of PPP funding would be made available to business owners with 300 employees or fewer

By |2021-01-05T11:12:18+00:00July 28th, 2020|Categories: Business|Tags: , |
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