With all the information we are receiving regarding the CARES Act, including the Paycheck Protection Program (PPP), and the SBA Loans on a daily basis. We want to provide you with The Small Business Owners Guides to the CARES Act.
Senator Ben Cardin, a Ranking Member of the U.S. Senate Committee on Small Business and Entrepreneurship provided The Small Business Owners Guide to the CARES Act. The guide provides information regarding the initiative that will soon be available for you, the small business owner. There are websites, we recommend bookmarking to stay up you date, FAQs regarding PPP, Small Business Debt Relief Program (SBA 7a, 504 and microloans), Economic Injury Disaster Loan, and Emergency Economic Injury Grants. It even has a section on business counselors.
Please click here to access the guide.
Again, Sullivan Group HR wants to provide local businesses with as much useful information as possible. Our goal is for our community and local businesses to be stronger after COVID-19.
Considering information is coming in rapidly and changing constantly, please seek advice from your Attorney and CPA prior to making a business decision.