Small business update: $370 billion in new disaster relief funding approved
NEW FUNDING APPROPRIATION APPROVED on April 24, 2020 for Paycheck Protection Program and Economic Injury Disaster Loans. The SBA will resume taking applications on Monday, April 27. Act Quickly to Access $370 Billionin New Federal Disaster Assistance America’s SBDC Arizona (AZSBDC), the most trusted and accessible provider of local, front-line small business assistance in Arizona , is urging small businesses impacted by COVID-19 to act quickly to access the new appropriation of federal disaster assistance.Following Friday’s signing of the Paycheck Protection Program and Health Care Enhancement Act , Congress appropriated an additional $370 billion to refund and restart small business disaster and relief loan…