Coronavirus Aid, Relief, and Economic Security (CARES) Act
Date: March 31, 2020
IMPORTANT INFORMATION FROM THE U.S. CHAMBER OF COMMERCE: Coronavirus Aid, Relief, and Economic Security (CARES) Act
Known as the Paycheck Protection Program, the initiative provides 100% federally-guaranteed loans to small businesses — including 501(c)(3) organizations with less than 500 employees
Arts and cultural organizations are eligible for the SBA Paycheck Protection Program loans offered as part of the CARES act. These loans will be administered by most banks, please click below to view, download, and print an easy-to-read infographic provided by the U.S. Chamber of Commerce.
Disclaimer: ACE is not formally advising any group or organization, we are simply notifying organizations that this program exists. If interested, it is highly suggested that the first call made is to your banker.
For More Information, Contact:
Visit the U.S. Chamber of Commerce Website