Federal Resources COVID-19 Relief including SBA Loan information
Below are Federal resources to assist businesses to respond to the COVID-19 situation. This page will be updated periodically to provide new information.
Late Breaking: US CARES- Coronavirus Aid, Relief and Economic Security Act (signed March 27)- More information to follow soon- Small businesses will receive $367 billion to keep making payroll while workers have to stay home. Companies with 500 employees or less that keep paychecks steady could get up to $10 million each in forgivable small business loans. Federally guaranteed loans will provide eight weeks of assistance for qualifying employers who maintain payroll. Those who meet requirements would have costs such as utilities, mortgage interest and rent forgiven.