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US Rep. David Rouzer: The latest on the Senate-passed coronavirus relief package Story Date: 4/23/2020
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Source: US Rep. David Rouzer (NC-7th), 4/22/20
- Here's what's in the latest
Senate-passed coronavirus relief package that the
House will be likely voting to pass tomorrow:
- $310 billion for the Paycheck
Protection Program,
which will allow the SBA to continue providing forgivable loans to cover
the cost of payroll and operating expenses for small businesses.
This means dollars will resume flowing to our small businesses.
- $60 billion for the Small Business Administration’s economic injury disaster loans and grants, including:
- $50
billion for economic injury disaster loans - each loan can be up to $2
million with interest rates not to exceed 4% and long-term repayment
periods of up to 30 years
- $10
billion for grants of up to $10,000 that do not have to be repaid.
- $75 billion to support our
frontline health care workers, including
additional funding to reimburse hospitals and healthcare providers for
lost revenues and expenses related to the outbreak.
- $25 billion to expand COVID-19
testing, which
will speed efforts to control the outbreak, reopen our economy and get
people back to work.
- Here's an update from the state on its
response to COVID-19 outbreaks in food
processing facilities. There are currently outbreaks at food processing facilities in two NC-7 counties — Bladen and Duplin — as well as three additional outbreaks at facilities in Chatham, Lee and Robeson counties. An outbreak is defined as two or more positive cases. The state has issued guidance to help protect workers at food processing
facilities, which includes steps like pre-screening workers for
fever and requiring workers to wear face masks.
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