Nonprofit Organizations (as of March 2021)
The American Rescue Plan maintains and expands resources for nonprofit organizations. The ARP expands eligibility under the Paycheck Protection Program to charitable nonprofits that operate in multiple locations and employ up to 500 employees per location. The law also makes 501(c)(6) organizations eligible for the PPP if the organization employs less than 300 workers per location. Nonprofits continue to be eligible for other Small Business Administration programs under the law, including the Economic Injury Disaster Loan (EIDL) program and the Shuttered Venue Operators Grant program.
The law also extends the federal payment for a portion of unemployment insurance costs of nonprofits, including a 50% reimbursement rate through March 31 and a 75% reimbursement level from April 1 through September 6, 2021.