US Chamber of Commerce Publishes Guide to Coronavirus Emergency Loans
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program,
the initiative provides 100% federally guaranteed loans to small businesses. The US Chamber of Commerce has published this guide to the emergency loans (and possibly grants) available. The SBA will be issuing detailed guidance and instructions on applying for these loans.