CADILLAC — Now s the time to be generous, a community group reckons. Their goal is to help keep small businesses afloat during the ongoing COVID-19 pandemic.
$250 million business loan program expected to roll out next month in Colorado
David Zalubowski/AP
A lone pedestrian uses the crosswalk in normally-congested Larimer Square as businesses remain closed by a stay-at-home order to stop the spread of the new coronavirus Saturday, April 25, 2020, in downtown Denver. The order, which was put in place by Gov. Jared Polis, is set to expire Sunday night. (AP Photo/David Zalubowski)
and last updated 2021-01-05 15:00:32-05
DENVER â A Colorado program to provide relief to businesses during the COVID-19 pandemic is expected to kick off next month.
The program was created by House Bill 1006 during the legislatureâs 2020 regular session and then modified to make it more attractive to lenders during last month s special session.
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On December 21, the House and Senate passed a $2.3 trillion omnibus appropriations and COVID-19 relief package, H.R. 133, the Consolidated Appropriations Act, 2021 (the “Act”). President Trump signed the Act into law on December 27 after initially criticizing the amount of direct payments to individuals and other aspects of the Act late last week.
The massive, 5,593 page document includes a $1.4 trillion appropriations package to fund the government through September 30, 2021, a long-debated $900 billion COVID-19 relief and stimulus package, funding for COVID-19 vaccines and testing, expanded food aid programs, emergency education relief, airline and transportation support, relief for farmers, broadband incentives, and extensions on eviction moratoriums.
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