Small Business Owner's Guide to the CARES Act
Updated: Apr 1
President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law on March 27, 2020. When the new law takes effect soon, there will be many new resources available for small businesses, as well as certain non-profits and other employers.
The U.S. Senate Committee on Small Business and Entrepreneurship, led by Chairman Marco Rubio (R-FL), created a comprehensive guide to many of the small business provisions in the CARES Act. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address current needs, as well as some additional tax provisions that are outside the scope of SBA.
To keep up to date on when these programs become available, please stay in contact with your local SBA District Office, which you can locate here.