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The legislation unfolded like a rapid-fire montage of relief measures. It included direct payments to Americans, enhanced unemployment benefits, loans for small businesses, and funding for hospitals and state governments. Each provision was crafted to address a specific piece of the puzzle, creating a comprehensive safety net in the face of uncertainty.
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In addition to PPP loans, the act allocated funds for grants and low-interest loans aimed at specific industries heavily impacted by the pandemic. For example, restaurants faced unprecedented challenges with dine-in services disrupted; thus, grants were provided to help them cover fixed costs like rent and utilities while transitioning to outdoor dining or delivery models.
