What the Economic Stimulus Bill means to small business and self employed – WBKO

BOWLING GREEN,Ky.(WBKO)- It’s The largest economic stimulus package in history.

According to Financial experts, there is still a lot to be understood operationally about how these programs will be rolled out.

The bill does give incentives for small businesses to retain employees through the pandemic or even rehire them.

“From the small business perspective built into the bill is the potential for a small business to apply for a loan that would help them cover payroll cost for the next two months and as we understand it now should that employer retain or rehire their employees after the two month period the loan could be essentially forgiven. Thereby incentive’s small businesses, providing them the capital they need to retain employees during this time,” said Jeanne

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