What You Need to Know About
the New Cares Act
Below are resources to help you understand the NEW Cares Act to help your business.
SBA Disaster Loans for Businesses
Helpful Information and Guidelines
Information from the U.S. Small Business Administration is continuously trickling in and they are providing additional information and guidance to businesses through the following link to their Small Business Guidance & Loan Resources website.
Part of what we know for sure is that the COVID-19 related Economic Injury Disaster Loan was just announced, and the magnitude of the situation is rather overwhelming. While the President has declared a national emergency, each State must also be declared as a disaster area for any businesses in that State to be eligible. This determination is county-by-county and many of the counties that we serve have been declared a disaster area in the state of California. We are working to get more information that we can ultimately push out to businesses such as yourself.