The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.¹

Below are questions you might be asking and what you need to know about the Paycheck Protection Program prepared by the U.S. Chamber of Commerce.

1. Am I eligible?
2. What will lenders be looking for?
3. How much can I borrow?
4. Will this loan be forgiven?

Click here to view PDF.

1: U.S. Chamber of Commerce 2020

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