For small business owners hit hard by the Coronavirus (COVID-19) Pandemic, the CARES Act offers several programs to offset the negative economic impact with Payment Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) being two of the most important. Learn about the two, how to apply, and the loan forgiveness rules for each.
On March 27th, the CARES Act was signed into law. This $2 trillion Coronavirus Stimulus Package Act provides much needed help to the U.S. economy which has slowed down during the Coronavirus pandemic. Read more to see how it will affect your business.
If the COVID-19 pandemic hurt your sales, seeking small business loans during coronavirus can help you cover bills. Here’s what to expect when you apply.