US Rep. David Rouzer COVID-19 update 4/13/20
Story Date: 4/14/2020

  Source: US Rep. David Rouzer (NC-7th), 4/13/20
 
  • As I mentioned last week, the Federal Reserve announced the establishment of the Main Street Business Lending Facility to help mid-size businesses that have more than 500 employees and therefore are ineligible to participate in the PPP.   More information about the program is available from the House Financial Services Committee here.
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  • The Treasury Department and the IRS will be launching a "Get My Payment" web app this week, a free app that will be available at IRS.Gov.  It will enable taxpayers who filed their tax return in 2018 or 2019, but did not provide their banking information on their return, to submit direct deposit information.  This means taxpayers can get their CARES Act stimulus payments in their bank accounts quickly, instead of having to wait for a check to come in the mail.  More information about the app is available here and I'll be sure to link to it in a future update when it goes online.
























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