The CARES Act provides additional funds to expand their reach and better support, small business owners, with counseling and up-to-date information regarding COVID-19.
Paycheck Protection Program Loan
The program would provide cash-flow assistance through 100 percent federally guaranteed loans to employers who maintain their payroll during this emergency.
Small Business Debt Relief Program
This program will provide immediate relief to small businesses with non-disaster SBA loans, in particular 7(a), 504, and microloans.
Economic Injury Disaster Loans & Emergency Economic Injury Grants
These grants provide an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL).
Small Business Counseling
The CARES Act provides additional funds to expand their reach and better support