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Small Business Administration lists COVID aid options

 

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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