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, the initiative provides 100% federally guaranteed loans to small businesses.
From The U.S. Chamber of Commerce:
Download the pdf here: Coronavirus Emergency Loans
You can read more information and find additional resources on the U.S. Chamber of Commerce’s website here. Please do talk with your Ellis Realty Advisors representative about opportunities for your business during this time. We’re here to help!
