Small Business Funds from Virus Aid Package Are Dwindling
As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national or individual industry level, this pandemic is already changing the way businesses are operating on a day-to-day basis. As a small business owner, it is important, now more than ever, to be familiar with the ins and outs of your business, know what you qualify for, and how to best approach what the government is offering. On March 27th, President Trump enacted the CARES Act, a $2.2 trillion piece of legislation designed to lessen the economic impact of the coronavirus pandemic. Specifically, this article urges small business owners to ACT NOW in order to ensure funds to keep your payroll running. The funds are set to run out by Friday, so do not wait to take advantage of the PPP loan program.
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