Judy Mellon News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Judy mellon. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Judy Mellon Today - Breaking & Trending Today
December 29, 2020 at 3:35 pm As part of the end-of-year pandemic relief package, Congress has passed several changes to the Paycheck Protection Program (PPP) and created a “Second Draw” PPP for small businesses who have exhausted their initial loan. Other changes impact eligibility for initial PPP loans, the loan forgiveness process, and the tax treatment of PPP loans. The United States Chamber of Commerce has put together a guide for some of the critical questions that business owners may have. President Donald Trump signed the bill Sunday night. One provision for individuals is to provide $600 per person, subject to income limitations. Pres. Trump requested that Congress increase the payment to $2,000 per person. Although the United States House of Representatives passed such a provision, Speaker of the House Sen. Mitch McConnell blocked a Democrat-led attempt in the Senate to pass a similar provision. But the bill itself will remain in effect. ....