This weeks SNEW's come from Nate Reynolds from Rubix Accounting Company.

Today Nate helps us understand SBA Loan Opportunities Under the CARES Act. Under the CARES Act, Congress has appropriated $350 billion for Small Business Administration (SBA) Paycheck Protection Loans of up to $10 million to small businesses impacted by COVID-19.

Here's some helpful links we discussed during the episode:
-SBA Economic Injury Disaster Loan Application
-SBA Paycheck Protection Loan Program details
(this loan program requires you to apply at your local bank)

-Resources that explain the loans in details:
https://www.pillsburylaw.com/en/news-and-insights/sba-loan-cares-act-covid-19.html?fbclid=IwAR1JukcKeXu2aDf67eKimDlRo8r0V08QZmT5hyXEQ9xG4h2RETxNu1hQIgA

https://www.arnoldporter.com/en/perspectives/publications/2020/03/small-business-loan-relief-from-cares-act?fbclid=IwAR0qQIXQHmrPSmSffzwanDZsNKv5glRGwunXupG-O9bnidDgL0eurxHMSC0

-Unemployment link to find more info on your state’s program
-Federal Unemployment

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