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April 1, 2020 - 2:38pm

U.S. Treasury/SBA assistance available for small businesses is available

posted by Billie Owens in business, CARES Act, Paycheck Protection Act.

Press release:

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

·       For a top-line overview of the program CLICK HERE

·       If you’re a lender, more information can be found HERE

·       If you’re a borrower, more information can be found HERE

·       The application for borrowers can be found HERE

Preserving Jobs for American Industry

The CARES Act assists eligible businesses looking for payroll support to keep Americans working. For more information, CLICK HERE.

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