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Updates to PPP include more time to use the funds and a change to how much of the loan can be used for non-payroll expenses.
The plan includes provisions for small businesses, including changes to the Paycheck Protection Program.
The new bill includes an additional $310 billion for the Paycheck Protection Program, which ran out of funding last week.
Meant to help businesses impacted by coronavirus, the 90-day delay will not extend to Chinese goods or steel and aluminum imports.
An additional $250 billion is on the table, but lawmakers have yet to come to an agreement.
The CARES Act will provide $2 trillion in aid to keep businesses afloat during the coronavirus pandemic.
JA, JVC and WJA were among ninety organizations asking for the swift passage of a stimulus package to keep businesses afloat amid the coronavirus crisis.
It comes as part of the agency’s regular review of current rules and guides.
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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.