企业可以在2021年5月31日前申请工资保护计划贷款。从2021年6月1日起，SBA不再接受PPP贷款申请。

On April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act was signed into law. The act provides additional coronavirus funding to replenish programs and provide relief to businesses impacted by COVID-19. Check out an overview of what the newest funding bill covers and how it can benefit your small business.

Overview of coronavirus legislation

在你深入研究《工资保障计划》和《医疗保健增强法案》之前，先看看前两项救济措施。Previously passed legislation include the:

• Families First Coronavirus Response Act(FFCRA)
• Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

《FFCRA》是第一个签署为法律的与冠状病毒相关的法案。它为小企业和个人提供了一些救济措施。《家庭第一冠状病毒应对法案》提供了带薪病假和家庭假，扩大了《家庭保护法》的福利，扩大了带薪休假雇主税收抵免，扩大了失业福利、营养援助和COVID-19检测的覆盖范围。

The CARES Act benefits business owners and individuals alike. Not only did the act establish thePaycheck Protection Program(PPP) for business owners, but it also offers additional relief measures, including the Employee Retention Credit, Social Security tax deferral, Economic Injury Disaster Loan (EIDL) expansion, stimulus checks, expanded unemployment assistance, student loan relief, and health care relief.

The Paycheck Protection Program and Health Care Enhancement Act

The Paycheck Protection Program and Health Care Enhancement Act adds funds to existing programs that have run out of money or are underfunded. This includes additional funding for:

• The PPP
• The EIDL program
• Hospitals and health care
• COVID-19 testing

《工资保障计划》和《医疗保健增强法案》的总资金为4840亿美元，其中3700亿美元用于资助小企业。

Check out a breakdown of the new Paycheck Protection Program and Health Care Enhancement Act below, including how much funding is going to each program.

Paycheck Protection Program

Again, the PPP was enacted under the CARES Act. As a brief recap, the PPP provides forgivable loans to small businesses to help cover up to 24 weeks of payroll costs, interest on mortgages, rent, and utilities. Business owners must use 60% of the borrowed loan for payroll costs (40% for mortgage interest, rent, and utilities) to maximize loan forgiveness.

The Small Business Administration (SBA) will forgive part or all of the principal amount of the loan (plus accrued interest) for business owners who use the PPP loan for eligible expenses, retain employees, and maintain salary levels.

关怀法案拨出3490亿美元用于工资保护计划贷款。然而，2020年4月16日，PPP贷款资金用完。为了补充PPP(和其他项目)的资金，政府通过了工资保护计划和医疗保健增强法案。

Under the Paycheck Protection Program and Health Care Enhancement Act, the PPP received $310 billion in additional funding. At least $60 billion of the $310 billion is set aside for small and midsize lenders, including community banks, credit unions, and community development financial institutions.

Because the Paycheck Protection Program and Health Care Enhancement Act restored funds for the PPP, the SBA resumed accepting PPP loan applications and disbursing PPP funds on April 27, 2020.

Businesses that have already applied should be in line for the PPP and don’t need to reapply. If you have applied for a PPP loan, check with your lender on the status of your application.

要记住，PPP贷款是先到先得的，资金是有限的。如果你是一个有兴趣获得PPP贷款的企业主，请尽快申请。

The maximum loan amount is still $10 million per applicant. PPP loans come with a 1% interest rate that must be repaid within five years.

EIDL program

The Economic Injury Disaster Loan (EIDL) is anothercoronavirus loan optionfor small businesses operated by the SBA. The EIDL provides relief for qualifying businesses by providing low interest rates (3.75% for businesses and 2.75% for nonprofit organizations) and long-term repayment plans (maximum of 30 years).

The program gives business owners funding to cover expenses, such as employee wages, rent, and accounts payable. Unlike the PPP loan, the EIDL is not 100% forgivable—only the loan advance of up to $10,000 is forgivable.

与PPP一样，EIDL的资金也在4月中旬用尽。工资保障计划和医疗保健增强法案为EIDL计划提供了额外的600亿美元。在这600亿美元中，有100亿美元的EIDL资金将用于贷款预支。

如果获得批准，员工人数在500人以下的企业可以获得最高200万美元的EIDL，并获得最高1万美元的可原谅预支。

与PPP一样，已经申请了EIDL的企业不需要重新申请。

Hospital and health care

根据新通过的立法，美国卫生与公众服务部(HHS)将获得750亿美元，以帮助报销提供商治疗COVID-19患者的费用。这750亿美元包括为冠状病毒患者提供诊断、检测和护理的资金。

Testing

Along with providing $75 billion to assist hospitals and health care industries, the Paycheck Protection Program and Health Care Enhancement Act provides $25 billion in funds to help develop and implement a plan for testing protocols by state. Funds will not only cover testing for COVID-19 in individuals, but also testing for coronavirus immunity.

Funds are broken down by certain groups and jurisdictions, including:

• States
• Localities
• Tribes
• Territories

Additionally, approximately $14 billion will go toward administrative costs for COVID-19 testing.

Alert! Changes to the PPP and EIDL program

TheConsolidated Appropriations Act(aka the Act or CAA) was signed into law on December 27, 2020. The Act made a number of changes to the PPP and EIDL program.

The legislation provides additional funding to the PPP and also made the following changes to the PPP:

• Expanded eligibility for nonprofits (includes set-asides for very small businesses and community-based lenders)
• Second-time loans for eligible businesses with fewer than 300 employees and at least a 25% drop in gross receipts in a 2020 quarter compared to the same 2019 quarter
• Businesses can claim the Employee Retention Credit (ERC) in addition to a PPP loan (before, businesses were only allowed to opt into one or the other)
• Expenses you can spend your PPP loan on that qualify for forgiveness now also include operating expenses, covered property damage, supplier costs, and worker protection expenditures
• A simplified forgiveness application process for loans up to $150,000
• Businesses can deduct expenses paid with forgiven PPP loans from taxes

The CAA also provides additional funding for the EIDL program. The Consolidated Appropriations Act will replenish funds by providing $20 billion for new EIDL grants. These grants will be available for small businesses and nonprofits in low-income communities that had a 30% economic loss and have less than 300 employees. The new COVID-19 legislation also extends the covered period for EIDL grants through December 31, 2021.

This is not intended as legal advice; for more information, pleaseclick here.