1851

<p>Congress looks set to deliver a long-awaited $900 billion COVID-19 relief bill by the deadline at midnight on Monday. The bill has wide-ranging implications for Americans and businesses of all kinds, but some especially interesting clauses for the small and medium businesses that make up the franchising industry.</p><p>1851 Franchise reviewed the bill to explain what’s coming and what’s important to the franchising world.&nbsp;</p><h4>Stimulus Checks Are Back&nbsp;</h4><p>The bill, as agreed upon on Sunday night and facing votes in the House and Senate on Monday, includes provisions for another round of stimulus checks. The checks look set to include a maximum of $600 payments to each adult and each child. In April, the U.S. government issued stimulus checks for a maximum of $1,200 per adult and $500 per child. Like the last round of checks, these will start paying less than the maximum when a single taxpayer’s earnings reach $75,000, or when head-of-household income exceeds $112,500, or when income for married couples filing jointly passes $150,000.</p><h4>PPP Round 2</h4><p>Of $325 billion slated for small business relief, $280 billion will go to a second round of Paycheck Protection Program (PPP) loans. This original round of PPP was <a href="https://www.cnn.com/projects/ppp-business-loans/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=covid-19-relief-bill-heres-what-it-means-for-franchises-2714569" target="_blank" rel="nofollow"><u>funded with $380 billion</u></a>, which quickly ran out. Importantly, this bill would allow business owners to deduct expenses associated with the loans, overturning an earlier Treasury Department decision that set businesses up for an unwelcome hit come April 15.&nbsp;</p><p>Similarly, the U.S. will provide another $300 on top of existing unemployment uninsurance for the more than <a href="https://1851franchise.com/covid-19-and-high-unemployment-set-up-2021-for-franchise-sales-feeding-frenzy-2714528#editorials"><u>10 million Americans still looking for work.</u></a></p><h4>Industry Carve-Outs</h4><p>The legislation, as it stands, has earmarked money for certain industries.&nbsp;</p><p>The bill proposes $15 billion in grants for theaters and small performance venues, $15 billion for airlines to support payroll, $82 billion for schools and $10 billion for child care.&nbsp;</p><p>Notably, there is no special money set aside for the restaurant industry despite <a href="https://1851franchise.com/national-restaurant-association-survey-finds-17-of-all-us-restaurants-closed-in-economic-free-fall-2714475#editorials"><u>110,000 restaurants closing since the start of the pandemic.</u></a></p><h4>What Franchises Need To Know</h4><p>While Senate Majority Leader Mitch McConnell promised <a href="https://www.wsj.com/articles/covid-19-aid-package-set-for-final-votes-in-house-senate-11608566895?mod=hp_lead_pos1&utm_source=1851franchise.com&utm_medium=article&utm_campaign=covid-19-relief-bill-heres-what-it-means-for-franchises-2714569" target="_blank" rel="nofollow"><u>more help was on the way</u></a>, this bill came after months of gridlock in Washington. It’s unclear when and what form additional aide for businesses could take as <a href="https://1851franchise.com/how-joe-bidens-presidency-could-impact-the-franchising-industry-2714251">the new administration prepares to take over.&nbsp;</a></p><p>For now, the floodgates look set to open again on PPP funding. Franchisees should demand franchisors take swift action to secure PPP loans, which can help franchisees pay employees and slash overhead. The portion of PPP loans used to pay employees can be completely forgiven.&nbsp;</p><p>Stimulus checks may briefly increase the spending power of American consumers. Americans on unemployment will have more to spend, but after nine months of catastrophic job losses and economic turmoil, it’s unclear how much of that income consumers will see as “disposable.”&nbsp;</p>

COVID-19 Relief Bill: Here’s What It Means For Franchises

1851 Franchise

Congress looks on track to pass a massive, $900 billion COVID-19 relief bill by midnight on Monday. Here’s what’s in the bill.

covid-19-relief-bill-heres-what-it-means-for-franchises

SweatHouz

Science, Wellness, Growth: How SweatHouz CEO Mike Tan is Shaping the Future of Contrast Therapy Franchising

mike-tan-franchising-strategy-sweathouz

Biscuit Belly Franchising

Biscuit Belly Expands Across the Southeast U.S. With Six New Locations

biscuit-belly-expands-across-the-southeast-us-with-six-new-locations

Layne's Chicken Fingers

Photo of exterior of Layne's Chicken Fingers restaurant

Layne’s Chicken Fingers Signs Landmark 44-Restaurant Deal, Shatters Records in Monumental Third Quarter

laynes-chicken-franchise-growth-records

Children's Lighthouse

Why Children’s Lighthouse Is a Great Opportunity for Swim School Franchisees

why-childrens-lighthouse-is-a-great-opportunity-for-swim-school-franchisees

Children’s Lighthouse Closes the Third Quarter with Record Franchise Signings and New School Opening

childrenslighthouse-q3-2025-growth

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Amazon outage, AWS outage, Amazon AWS logo

The Day the Cloud Stalled: How Amazon's Outage Impacted Franchise Economy

amazon-aws-outage-franchise-impact-travel-dining-failure

Thursday 1851 Franchise Agg - NASAA’s Noncompete Push

NASAA’s Noncompete Push Puts Franchise Growth on Uncertain Ground

franchise-noncompete-nasaa-advisory-reasonableness-standard

How a Steady Economy Could Help Franchisors Plan Their Next Move

how-a-steady-economy-could-help-franchisors-plan-their-next-move

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

McDonald’s Is the Latest Franchise To Bet Big on Beverages with 500-Store Premium Drink Test

mcdonalds-is-the-latest-franchise-to-bet-big-on-beverages-with-500-store-premium-drink-test

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

graphic image of an 1851 franchisee spotlight brayden and johnny steven of teriyaki madness

Father-and-Daughter Team Bring Teriyaki Madness to Wichita, Kansas, With Big Expansion Plans

johnny-brayden-steven-teriyaki-madness-wichita

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

1851 Franchisee Spotlight graphic with photo of Barb Volk and KidStrong logo

Why This Orangetheory Fitness Franchise Owner Is Developing KidStrong Franchises

kidstrong-franchise-owner-barb-volk-2025

COVID-19 Relief Bill: Here’s What It Means For Franchises

MORE STORIES LIKE THIS