Tag: Paycheck Protection Program

Federal Reserve announces an additional $2.3 trillion in loans to support the economy, Powell predicts recovery

Posted on April 9, 2020 by Chris Montcalmo

WASHINGTON, DC—The Federal Reserve on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic. “Our country’s highest priority must be to address this public health crisis, […]

CARES Act Paycheck Protection Program rolls out for Baltimore County small businesses

Posted on April 3, 2020 by Chris Montcalmo

BALTIMORE, MD—The United States Treasury and the Small Business Administration are offering programs that will assist Baltimore County’s small businesses during the coronavirus pandemic. The new Paycheck Protection Program rolls out on Friday, April 3, 2020. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic […]