The Coronavirus Aid, Relief, and Economic Security (CARES) Act has been rolled out to allocate $350 billion to help small businesses keep workers employed during the pandemic and economic downturn. We have summarized some key points from the US Chamber of Commerce's Coronavirus Emergency Loans Small Business Guide and Checklist below.
There are guidelines that are still waiting to be released from the government, but in the meantime we wanted to have this out as a quick resource for you to reference if need be. To find out more about what the CARES Act could mean for your small business and for further updates, we encourage you to visit the US Chamber of Commerce's website as well as the US Small Business Administration's website.
Looking for other resources? Below is a comprehensive list of resource pages that EM Ford has compiled to break down information for you. We are continuously working to update our website with the most up-to-date information.
EM Ford COVID-19 Employee Benefits Resource Page
EM Ford COVID-19 Understanding Unemployment Resource Page
EM Ford COVID-19 Resource Page