Congress recently approved a new stimulus package providing funding for the federal government through the remainder of fiscal year 2021 and the latest installment of COVID-19 related measures. Below is a brief synopsis of the information related to PPP, SBA Loans, the Emergency Capital Investment Program and Unemployment Insurance.
The SBA and Department of Treasury have not released their formal announcement and information regarding the roll out of the programs listed below. The EDC will be actively engaged with these organizations as the situation develops.