Blog, March 2021

American Rescue Plan Delivers Almost $107 Billion in Aid to Businesses

Submitted by mellissa on Thu, 03/18/2021 - 10:59
Like previous covid relief packages, the ARP allocates significant sums to American businesses, both large and small. Specifically, the bill contains almost $107 billion in direct relief to businesses and additional, significant appropriations for various employer tax credits.

Disparities in CARES Act Funding for Florida Schools

Submitted by mellissa on Tue, 03/09/2021 - 07:30
March, 9, 2021--Over 5,400 private schools across the country received loans from the Paycheck Protection Program (PPP). In total, these loans amount to an estimated $4.5 billion, or approximately $833,000 per school. Florida’s PPP loan data reveal similar trends. In Florida, more than 350 private schools received an estimated $236 million in PPP loans—approximately $675,000 per school.

However, PPP loans were not the only source of education funds for private schools; some were also eligible for federal grants through the CARES Act Elementary and Secondary Schools Emergency Relief