The Small Business Owner’s Guide to the CARES Act

ABWA Verdugo-Glen wants to alert you about assistance for business owners:

The Small Business Owner’s Guide to the CARES Act

The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist

business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as

certain nonprofits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small

Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.

To keep up to date on when these programs become available, please stay in contact with your local Small Business Administration (SBA) District Office.

Struggling to get started? The following questions might help point you in the right direction. Do you need:

Capital to cover the cost of retaining employees? Then the Paycheck 

 Protection Program might be right for you. 

A quick infusion of a smaller amount of cash to cover you right now? You 

  might want to look into an Emergency Economic Injury Grant. 

To ease your fears about keeping up with payments on your current or 

  potential SBA loan? The Small Business Debt Relief Program could help. 

Just some quality, free counseling to help you navigate this uncertain    economic time? The resource partners might be your best bet.

Already know what resources you’re looking for? Small Business Contracting and Small Business Tax Provisions are also covered in this guide. Check it out on the RSVA website under business resources.

Contact Ardis Bazyn President if you have tips to share. 818-238-9321

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