COVID19 Disaster Assistance (4-18-20 Update)

Congress is working with the Administration on a new appropriation bill to further fund the SBA PPP and EIDL emergency assistance programs.

CNBC reports:

•   As of Sunday night, Senate Democrats and Republicans were negotiating a deal that would allocate $310 billion more into the Paycheck Protection Program, setting aside $60 billion for rural and minority groups
•   The remaining $60 billion would go to the Economic Injury Disaster Loan program, a separate program offering loans for small businesses.
•   Treasury Secretary Steven Mnuchin told Republicans on a call Sunday afternoon that open items are limited to increased federal funds for coronavirus testing.