by Shaina Rozen Shaina Rozen No Comments

All about the American Rescue Plan of 2021

The American Rescue Plan of 2021 was signed into law on Thursday, March 11, 2021, and will have major impacts on hundreds of millions of people and businesses across the U.S. The plan provides $1.9 trillion in financial relief in a number of areas.

Here are a few highlights of what is included in the new law. While this list is not exhaustive, the following areas are the ones that will likely affect our customers the most.

Read more

by Gateway Bank Gateway Bank No Comments

How the Paycheck Protection Program Flexibility Act affects your small business

In early June 2020, the Small Business Administration’s Paycheck Protection Program (PPP) Flexibility Act was signed into law. The PPP program was created to provide much-needed relief to small businesses who want to keep their workers on payroll as the companies work through the economic difficulties caused by COVID-19.

Read more