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COVID-19: Assistance for Small Businesses Guidelines Published

April 1, 2020 Advisory

This information is directly sourced from “Assistance for Small Businesses” as posted on the US Treasury website (April 1, 2020). 

The U.S. Treasury Department The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

  • For a top-line overview of the program CLICK HERE
  • If you’re a lender, more information can be found HERE
  • If you’re a borrower, more information can be found HERE
  • The application for borrowers can be found HERE

Due to the rapidly changing regulations and program specifics, some items in this post may have changed since the publication date.  If you have questions, please contact us at info@fahrenheitadvisors.com.

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