Download The Coronavirus emergency loans small business guide and checklist in PDF format

Download The Coronavirus emergency loans small business guide and checklist in PDF format

The US Chamber of Commerce prepared a coronavirus emergency loans small business guide and checklist. It is available for download in PDF format. Here is the link where you can download it.

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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 (PPP), the initiative provides 100% federally guaranteed loans to small businesses.

Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.

The administration has released initial guidelines; they are available at gov.

The U.S. Chamber of Commerce has issued this guide to help small businesses and self-employed individuals check eligibility and prepare to file for a loan.

Small businesses and sole proprietors can begin applying on April 3.

Independent contractors and self-employed individuals can apply beginning on April 10.

For all the questions you may be askin and what you need to know, download The Coronavirus emergency loans small business guide and checklist in PDF format by visiting the link below:

uschamber.com

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Read: COVID-19 Business Loans in a Nutshell, Here's what you need to know

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