US Chamber Coronavirus Emergency Loans Small Business Checklist
30 Mar 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $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.
Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or
restore their payrolls afterward.
The U.S. Chamber of Commerce has put together an Emergency Loans Small Business Checklist. Please click here to review it.