stimulus bill

Local Financial Professional Explains Latest COVID-19 Relief Bill

Barry Bigelow with Great Waters Financial Explains What the American Rescue Plan Means for Individuals Moving Forward

DULUTH, Minn. – Congress has passed a third relief bill, known as the American Rescue Plan. So, what’s included in this third stimulus package? Local financial professional Barry Bigelow from Great Waters Financial breaks down the details of the bill for consumers, small businesses, and the unemployed. What’s included in the American Rescue Plan? $1,400 Stimulus Payments • Lawmakers have…

Over 33 Thousand Minnesota Small Businesses Approved for Forgivable Loans

Sen. Tina Smith says more work has to be done to address the funding shortage for loans.

MINNESOTA, As stimulus checks begin rolling out, additional help through forgivable loans have been awarded to over 33,819 Minnesota small businesses as of Monday. The Paycheck Protection Program (PPP) grants loans to small businesses as part of the Stimulus Package. The loans are forgivable to businesses who retain or rehire their workers. Senator Tina Smith (D), who helped pass the…