December 20, 2020 – Topline Summary of COVID-19 Emergency Relief Package

This topline summary outlines key provisions of the December 2020 COVID-19 Emergency Relief Package. It covers $300/week enhanced federal unemployment insurance extended through March 2021, Pandemic Unemployment Assistance (PUA) and PEUC program extensions, $600 direct payments for individuals and $1,200 for couples, and over $284 billion in PPP loans for small businesses, nonprofits, and minority-owned businesses. The summary highlights expanded eligibility for 501(c)(6) organizations, dedicated community-based lender set-asides, and mixed-status household payment provisions.