The COVID-19 pandemic has created uncertainty and stress for many American small businesses. Part of the government’s response to assist businesses during this time is the recent passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
The CARES Act allocated $350 billion to help small businesses and nonprofits keep workers employed amid the pandemic and economic downturn.
Want to learn more about what to expect and how to prepare to file for a loan? Contact our Business Outreach Center (BOC) at larrymei@cmpny.org for assistance.