MINT HILL, NC – If you own a business that’s been affected by the COVID-19 pandemic, you may have received some type of aid from the government – or maybe not. But in either case, some new opportunities for assistance may interest you.
President Biden signed legislation extending the Paycheck Protection Program application deadline from March 31 to May 31, 2021. So, if you haven’t received a PPP loan yet – or even if you have, and you’re eligible for a “second draw” loan – you’ve got another chance.
Furthermore, the recently enacted American Rescue Plan Act introduces or expands several programs that may help business owners, including the Economic Injury Disaster Loan, the Shuttered Venue Operators Grant Program, and the Restaurant Revitalization Fund.
To learn more about PPP loans, as well as these other programs, visit the Small Business Administrations’ coronavirus relief website.
For many business owners, this past year has been really tough. Hopefully, though, we will soon see a return to more normal times. Until that day arrives, you may find that the newest relief measures can help you keep pushing forward.
If you have any questions, please contact me at (980) 859-2549 or by e-mail at Brandon.Monette@edwardjones.com
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.