COvid-19 Stimulus Phase 3 Plan – $2 trillion Coronavirus Aid, Relief, and Economic security (CARES) act

Learn how your company can access COVID-19 small business disaster relif funds and get detailed information about additional key provisions of the federal Coronavirus Stimulus Package, including paid medical and sick leave, tax credits, insurance and assistance programs.

SBA and Treasury have released additional guidance regarding the Paycheck Protection Program:

• 5/15/20: Treasury Eases Terms for Small Businesses to Convert Loans to Grants
• Joint Statement by Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Review Procedure for Paycheck Protection Program Loans
• Interim Final Rule on Seasonal Employees
• Interim Final Rule on Disbursements
• Frequently Asked Questions
• How to calculate PPP loan amounts

For more information and updates, visit SBA.gov/PaycheckProtection and Treasury.gov/CARES

The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans of up to $2M for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Included in this section is a brief outline of what we know about the program, with links and contacts numbers for resources with more information.

The virus is putting a strain on supply chains. Companies are expressing concerns about tariffs, production and shipping delays. Read more to understand the current state of trade policy during the COVID-19 outbreak.