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Highlights of the nearly $500B coronavirus relief bill

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www.clickorlando.com

WASHINGTON – A $483 billion coronavirus relief bill — the fourth coronavirus response legislation so far — is moving through Congress.

The legislation is likely to pass the Senate on Tuesday and has the support of House Democrats and Republicans and President Donald Trump.

Here are the highlights: SMALL-BUSINESS GRANTS AND LOANS The bill includes $383 billion in aid to smaller businesses. The largest piece, $251 billion, would replenish the Paycheck Protection Program to deliver loans of up to $10 million each for companies with 500 employees or fewer that absorb coronavirus-related losses; much of the loans can be forgiven if employers retain workers.

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