Topics: Economic Injury Disaster Loan Program (EIDL)

House Passes COVID-19 Relief Plan

The House of Representatives late Friday night approved 219-212 a budget reconciliation bill reflecting President Biden's $1.9 trillion COVID relief plan, sending the bill to the Senate for consideration. The legislation would provide direct payments, a child tax credit expansion in the form of direct payments, extended unemployment benefits, COBRA subsidies and ACA tax credit enhancements, state & local funding, among other provisions. More

SBA Offers Economic Injury Disaster Loans

The U.S. Small Business Administration (SBA) is offering Economic Injury Disaster Loans, low-interest, federal disaster loans for working capital to small businesses that are suffering substantial economic loss as a result of the Coronavirus (COVID-19). More

NATSO Analysis: The Cares Act, Phase III Stimulus Package Members Only Join or Login

The Senate approved 96-0 the approximately $2 trillion "Phase III" stimulus bill known as the CARES Act. The House is expected to pass the bill by today after which the President is expected to sign the measure. This summary focuses on those issues of most concern to the travel center industry.  More

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