COVID-19: Small Business Guidance & Loan Resources - Webinar Offered Today at 1pm
Updated: May 14
Dear Brooks Robb & Callahan Family,
First off, we are thinking of you and your family during this difficult time. If there is anything we can assist you with, please don’t hesitate to contact our office Monday-Friday from 8:30am-4:30pm at 516-922-6500.
Below is important information regarding The Coronavirus Aid, Relief, and Economic Security (CARES) Act. Although this is not insurance based, we are here to guide and support you and your business during this uncertain time.
U.S. Chamber of Commerce - More Information, Click Here
"The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program (PPP), the initiative provides 100% federally guaranteed loans to small businesses.
Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.
The administration has released initial guidelines; they are available at www.treasury.gov. The U.S. Chamber of Commerce has issued this guide to help small businesses and self-employed individuals check eligibility and prepare to file for a loan.
Small businesses and sole proprietors can begin applying on April 3. Independent contractors and self-employed individuals can apply beginning on April 10."
For additional information, there is a webinar being held at 1:00pm today, April 3, 2020 by National Business Capital & Services.
We are in this together and we will get through this together.
Lindsey Brekne & Kristen Ducharme