US House of Representatives has passed HR 3807, a bill that envisages funding the Small Business Grant Program to the tune of US$55 billion. It will help many deserving small business owners in America who have been most affected by the Covid -19 pandemic. Out of the US$55 billion funds, the House has earmarked US$42 billion for wineries, restaurants, breweries, food trucks, and bakeries. And the balance of US$13 billion will go to sports teams, gyms, theaters, event venues, and transportation contractors. Now small business owners in several cities and counties can apply for grants from US$2,500 to US$25 billion in several cities and counties.
