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Coronavirus Emergency Loans Small Business Guide and Checklist

Click here to view a summary of The Coronavirus Aid, Relief, and Economic Security (CARES) Act, that the U S House approved last Friday and the President signed. The U.S. Chamber of Commerce has issued this guide to help small businesses and self-employed individuals prepare to file for a loan.

The CARES Act allocates $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency.

The administration soon will release more details we will keep you informed so you can help your residents and business.

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