Small Business Aide

Small Business Aide

This week, President approved $310 billion in additional funding for the CARES Act that expands small business aide.

Cares Act Funding Options

Paycheck Protection Program Small Business Loans – This loan program provides loan forgiveness for retaining employees and to help cover near-term operating expenses.

SBA Economic Injury Disaster Loan Emergency Advance – This loan will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.

SBA Express Bridge Loans – This loan enables businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.