Congress and President Trump have ushered into law a $2 trillion dollar stimulus package designed to buffer steep economic fallout in the ongoing COVID-19 health emergency.
The law will use a variety of methods to deliver aid and loans to both individuals and businesses. For the HVAC industry, the most relevant elements include $350 billion in U.S. Small Business Administration (SBA) loan support and $500 billion of additional liquidity earmarked for larger businesses and municipalities.