Assistance for Businesses Hit by the Coronavirus
Considerable media emphasis has been placed on economic impact stimulus payments to, and unemployment assistance for, individuals. But, with the economy largely shut down and restaurants and non-essential shops shuttered, how can small businesses survive this pandemic? Fortunately, the CARES Act provides relief not only for individuals but also for businesses, as discussed in this WANE.com (Fort Wayne, IN) article by Briana Brownlee. The individual financial assistance in the form of stimulus payments and expanded unemployment benefits is important, but Economic Disaster loans, Small Business Administration loans, and the Significant Paycheck Protection program elements of the CARES Act can provide small businesses with much needed relief during this national emergency. Click here to read more.
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