The CARES Act provides nearly $350 billion in small business loans to cover payroll, rent, utilities, and mortgage interest to businesses affected by COVID-19. The loans will be approved on a first-come, first serve basis and a portion may be forgiven (converted to a tax-free government grant).
The loan application along with supporting documents must be submitted through an approved lender. The applicant must calculate the loan amount requested utilizing the formula provided in the legislation and provide support for the calculation.
If you would like assistance in preparing your loan application, please complete this survey to determine whether you are eligible. One of our experts will then contact you to discuss next steps.