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Small Business Administration lists COVID aid options


Last updated 5/28/2020 at 8:19am

Staff and wire

The U.S. Small Business Administration has listed several programs created through the CARES Act to aid small businesses dealing with the COVID-19 pandemic.

The CARES Act contains $376 billion in relief for U.S. workers and small businesses, the SBA COVID-19 Coronavirus Relief Options webpage says, and established several new temporary programs to help businesses address the COVID-19 outbreak.

Paycheck Protection Program

The Paycheck Protection Program, which Congress continues to update, provides loan forgiveness for retaining employees by temporarily expanding SBA's 7(a...

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