SARASOTA, Fla., January 5, 2021 (Newswire.com) - PressRelease.com, longtime leader and provider of simple and affordable press release distribution services, is helping companies with their online presence through wire distribution amid the U.S. governments' approval of the $900 billion COVID-19 relief bill, aimed at recirculating money quickly into the economy.
"Companies across the board will be promoting in order to get the attention of those who may have recently received a stimulus payment," according to Erik Rohrmann, COO at PressRelease.com. "A round of stimulus means businesses across the board will be moving quickly to try and capitalize on the government's efforts to boost the economy."
According to Treasury Secretary Steven Mnuchin, "The good news is this is a very, very fast way of getting money into the economy." The bill, which includes provisions similar to the CARES Act passed in March, would put $284 billion into Paycheck Protection Program (PPP) small business loans, another $20 billion to small business grants and $15 billion to live event venues.
Individuals, including children, will receive $600 in direct payments. Businesses, especially those in hospitality, retail, and e-commerce, are working to get the attention of customers who may have recently received an economic impact payment from the federal government. People are also eager to support their favorite businesses during the challenging economic climate.
Developing partnerships with Newswire and Accesswire has enabled PressRelease.com to provide more value to businesses. PressRelease.com connects businesses with local, state and national audiences with press release distribution to prominent business networks including MarketWatch, Bloomberg, Yahoo! Finance, Morningstar, CBS, ABC, FOX and NBC.
PressRelease.com helps CEOs and business leaders improve their targeting and reach via simple and effective press release distribution services. To learn more about how to create newfound value through press release content, visit PressRelease.com.
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