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Congress passed additional COVID-19 relief legislation (H.R.
133) on Monday evening, December 21, 2020. Today, President Trump
is expected to sign the deal, which includes a $900 billion
economic stimulus package that will provide relief benefits to
businesses and individuals impacted by the COVID-19 pandemic.
The following is a summary of some of the provisions that will
have a major impact:
Financial Support for Businesses
PPP Loan Recipients
The legislation includes more than $280 billion for additional
PPP loans. It includes: (1) $12 billion designated for
minority-owned and very small businesses; (2) $15 billion in