Addressing small businesses with the American rescue plan act
MARYLAND – On Monday morning, many small businesses say they’re thankful for the help in the American Rescue Plan Act but that it’s simply not enough. As part of the Rescue Plan Act, small businesses were allowed to apply for more PPP funds and given additional tools.
However, Jeff Sherr with Apple discount drugs says many businesses had to go into survival mode this past year and that although the resources help, he still worries if some places are going to be able to stay afloat. “We need government help, it funnels down from the federal government to the state government but it’s just really important that you think about the people, the grass-root people, again that’s what it’s all about, it’s all about the people,” says Sherr.
U.S. Senator Ben Cardin and the Maryland Chamber of Commerce spoke about the benefits provided under the act. One thing they did mention was, that the plan currently does not provide funds for any re-opening for businesses who closed during the pandemic.