Your Guide to Four CARES Act Programs
We’ve been talking with our valued clients about the CARES Act and its various small business support programs for a few weeks now. As you read this, the Paycheck Protection Program has run out of funds while the SBA Economic Injury Disaster Loan program has ceased accepting applications. However, it is likely that additional funding for these programs will be provided by Congress when it comes back into session next week. If you haven’t applied yet, make sure you are ready when the application process opens back up.
We’ve created this handy infographic to help you decide which program is best for you. Keep in mind, this is just a starting point. More detailed information is available on the sba.gov website and we encourage you to contact us to discuss your specific situation.
If you need assistance with applications or want to understand your options better, please reach out here, we are here to help!