5 Small Business Takeaways from the Stimulus Package
The CARES Act Stimulus Package is now law and I am breaking down the top 5 takeaways for small businesses.
SBA loan application for small businesses open April 3rd 2020
SBA loan application for self employed open April 10th 2020
Paycheck protection program offers loan forgiveness for payroll expense
Emergency grant of up to $10,000 is available for small businesses that apply for the Economic Injury Disaster Loan; these grants will be processed three days after the loan application, in the form of an advance.
Unemployment benefit payments have been extended to self-employed and independent contractors. Check with your state for more details.
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