The United States Small Business Administration (SBA) and the Department of Treasury have provided information that will guide the programs created through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
To stay up to date on the implementation of these programs, please visit the following websites:
SBA – here you will find information on all COVID-19 related programs that SBA is providing, including the Paycheck Protection Program, Economic Injury Disaster Loans and Emergency Grants, and Small Business Debt Relief.
The Small Business Administration is now accepting new applications for Economic Injury Disaster Loans and Advance: On June 15, SBA began accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications from all eligible small businesses and U.S. agricultural businesses.
Department of Treasury – here you will find information on the Paycheck Protection Program, as well as other tax provisions meant to help employers, including non-profits.
To help small business owners and entrepreneurs better understand the new programs that will soon be available to them, here is a comprehensive guide to many of the small business provisions in the CARES Act that was passed by Congress on March 27, 2020. These programs and initiatives are intended to assist business owners with whatever needs they have right now.
While these programs are being implemented, you may continue to use this guide as a source of information about the major programs and initiatives that will soon be available from the SBA and Treasury. Once complete guidance has been announced for all of the programs, we will update the guide to reflect that guidance.