
businessMar 25, 20207:18pending
Breaking: What founders should know about the new $300 billion stimulus bill for small businesses
About this episode
On today’s episode, Arlan reads BusinessInsider.com article by Jennifer Ortakales and Bartie Scott. We learn: “The Senate and White House came to a bipartisan agreement on a $2 trillion stimulus package in an effort to recover and stabilize the American economy during the coronavirus crisis.
More than $300 billion of the deal is earmarked for small businesses struggling to stay afloat and to keep workers amid nationwide closures and social distancing.
Eligible businesses would be able to defer their payroll taxes until 2021 and receive small business loans to continue payroll.”
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