CARES Act: Emergency Funding and Relief for Small Businesses Affected by COVID-19

In the Coronavirus Aid, Relief, & Economic Security (CARES) Act signed into law on March 27, 2020, Congress dedicated funding to small businesses in an effort to prevent layoffs and business closures. This Payment Protection Program provides $349 billion in federally guaranteed loans to small business and 501 (c)(3) nonprofit organizations to be administered by the Small Business Association (SBA).

Please download our CARES Cheat Sheet for more information on what the CARES Act is, who is eligible to apply, what support it provides to small businesses, and how to submit an application