This is a very difficult time for all of us and it can be particularly trying for small business-people. As you have undoubtedly heard, the federal government has just passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide some relief. Importantly, the CARES Act provides $350 billion in potentially forgivable federally guaranteed loans to small businesses.
We know that many of our business clients may be interested in taking advantage of this program. The resources listed below may help you get started.
US Chamber of Commerce (Coronavirus Emergency Loans, Small Business Guide and Checklist)
Small Business Administration (COVID-19 Economic Injury Disaster Loan Application)
Ohio Department of Public Health (Resources for Economic Support)
US Department of Treasury (What Treasury is Doing)
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