Tomorrow, April 3rd, is the first day small businesses, less than 500 employees, will be able to apply for the Payroll Protection Plan loans. These loans are primarily intended to help small businesses keep people employed by providing funds for payroll in addition for help with critical costs such as rent, utilities and healthcare insurance. The guidelines are still in process as banks work to catch up with programs being implemented at the national level. Go to: www.sba.gov for additional information. Independent contractors will be eligible for some of these same programs as of April 10.
We commend our elected officials and medical personnel for the time and sacrifices they are committing to help Americans and businesses deal with this surreal event. It is a crisis and people are stepping up in amazing ways to help. Thank you!