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U.S. Travel's Emergency Preparedness and Response: Coronavirus toolkit contains the latest information and resources from the Centers for Disease Control and the World Health Organization, along with messaging guidance on how best to respond to this evolving issue. It was last updated on March 17, 2020.
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 who maintain their payroll during this emergency.
Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. The administration soon will release more details including the list of lenders offering loans under the program.
In the meantime, the U.S. Chamber of Commerce has issued this GUIDE to help small businesses and self-employed individuals prepare to file for a loan
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