U.S. Small Business Guide & Checklist for Coronavirus Emergency Loans

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the “Paycheck Protection Program,” the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.
The Wise County Chamber of Commerce is working with the U.S. Chamber to provide a Zoom meeting for all chamber executives to make certain you understand all the programs available and can explain them to your member businesses. Be on the lookout for the date and time soon for the next U.S. Chamber update.
Also – don’t forget the have a COVID-19 page on the VACCE website that has local, state, and federal updates as well as websites and samples shared by your VACCE peers:

https://www.vacceva.org/covid-19/

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