The Biden administration is expending major resources to get the word out on the COVID-19 vaccine, but little is known about additional protection for Santa Clarita small businesses.
Starting July 1st, the Biden administration approved new stimulus funding for small businesses.
Small businesses who were in areas of the country, such as Santa Clarita, where government orders affected business operations, can have their payroll reimbursed under the American Rescue Plan similar to how businesses were granted money under the PPP.
Businesses may qualify whether they received one, two or no PPP funds. The stimulus is in addition to the PPP. It is a tax refund, not a loan. There are also guaranteed funds, passed by Congress, for any business that started operating during the COVID-19 pandemic.
Hundreds of Santa Clarita businesses are receiving hundreds of thousands of dollars from the American rescue plan (ARPA). Yet most Santa Clarita businesses aren’t aware of this new available money.
Our federal government has not done a good job on getting the word out.
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