JUST IN! Additional PPP and EIDL small business stimulus is on the way!

JUST IN! Additional PPP and EIDL small business stimulus is on the way!

JUST IN!! Paycheck Protection Program Increase Act of 2020:

  • Increases the authorization level for the Paycheck Protection Program from $349 billion to $659 billion.
  • Increases the appropriation level for the Paycheck Protection Program from $349 billion to $670.335 billion.
  • Increases the authorization level for the Emergency Economic Injury Disaster (EIDL) Grants from $10 billion to $20 billion.

See the full .pdf summary here:

Paycheck Protection Program Increase Act of 2020

  • If your small business qualifies for the PPP, and has not yet applied for it, contact your banker. The bill is expected to be signed before Friday, April 24, 2020.
  • The EIDL will have new funds added to it as well.
  • If you missed past information from Unbehagen Advisors on the PPP or EIDL, and about what to do, you can review the information at our COVID-19 resource website.
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