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This relief will also be obtainable to new borrowers who take out loans within the subsequent six months. Pandemic Emergency Unemployment Compensation program permits those who have exhausted advantages under typical unemployment compensation or other applications to get up to 13 weeks of additional rewards. States need to give flexibility in meeting PEUC eligibility specifications connected to "actively in search of work" if an applicant’s ability to do so is impacted by COVID-19. The mayor of New York City has introduced % interest loans up to $75,000 for compact corporations with fewer than 100 personnel whose sales have decreased by 25% or much more due to COVID-19.
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