Schwabe, Williamson & Wyatt
  March 29, 2021 - United States of America

The American Rescue Plan Act of 2021: What to Know About COBRA and PPP Changes

The American Rescue Plan Act of 2021 (“ARP Act”), the $1.9 trillion pandemic aid bill, contained changes to (1) the Paycheck Protection Program (“PPP”) by expanding eligibility and other items and (2) the Consolidated Omnibus Budget Reconciliation Act (“COBRA”).

The ARP Act provides for fully subsidized COBRA premium payments. To learn more, please see the article below:

  • Fully Subsidized COBRA Under the American Rescue Plan Act

    The ARP Act requires fully subsidized COBRA premium payments for assistance eligible individuals beginning as early as April 1, 2021, and ending as late as September 30, 2021. Read more


Following the enactment of the ARP Act, the Small Business Association (“SBA”) has been busy updating its forms and providing more guidance for First Draw and Second Draw PPP Loans. Please see the following updated articles for forms and guidance through March 18, 2021:

  • 10 Things to Know about Second Draw PPP Loans as Updated for the Economic Aid Act and the ARP Act

    UPDATED 03/23/21: Explore 10 key items relating to the Second Draw PPP Loans. Read more


  • What to Know about the Paycheck Protection Program, Round Two

    UPDATED 03/23/21: Uncover key aspects relating to new First Draw PPP Loans and increases in First Draw PPP Loans. Read more

  • PPP Ineligibility Update: Businesses Ineligible for First Draw and Second Draw PPP Loans

    UPDATED 03/23/21: This article updates and summarizes which businesses are not eligible for new ‎First Draw PPP Loans and Second Draw PPP Loans.‎ Read more


 We encourage you to visit our PPP Portal to explore our full collection of PPP resources or contact one of Schwabe's attorneys to learn how these changes may affect your business. These articles summarize aspects of the law relevant to the PPP; they do not constitute legal advice. For legal advice for your situation, you should contact an attorney.