WHAT IS THE CARES ACT?
When COVID-19 was declared a national disaster, the United States Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) was made available to eligible businesses. Additionally, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress to assist business owners with immediate financial needs precipitated by the COVID-19 crisis. The SBA is responsible for administering the various Coronavirus Relief Options.
The options provided for in the CARES Act are meant to address a variety of needs. What are your needs?