“CARES” Act Programs

“CARES Act” – Coronavirus Aid, Relief, and Economic Security Act

Below are just a few of the items that are important about each of the two options available through the CARES Act. For a deeper conversation and to see if you apply, Contact Us today.

There are two important programs to benefit Small Businesses and Individual Contractors/Sole Proprietors

1. Economic Injury Disaster Loan (EIDL)

– Link to apply, HERE

– A low-interest, fixed rate loan

– An up to $10,000 Advanced Grant to use on approved expenses

2. Paycheck Protection Program

– Link to more information, HERE

– Must apply at an SBA Approved Lender

– Possible loan forgiveness for maintaining payroll

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