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  • U.S. Chamber of Commerce

Small Business Update: The Latest Stimulus Details and Changes to PPP Loans

This week, Congress passed a $900 billion stimulus bill to assist individuals and small businesses that continue to be impacted by the COVID-19 pandemic.

For businesses, the new stimulus bill includes significant updates to the Paycheck Protection Program (PPP), changes to how PPP loans are taxed, tax credit eligibility changes, the ability to receive grants and more.

During the recent Small Business Update, U.S. Chamber of Commerce executive vice president and chief policy officer Neil Bradley and Jeanette Mulvey, content director at CO—, discussed the new coronavirus relief deal and the updates to PPP.


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