Updated information on Assistance Available through Federal Cares Act and other sources
First, you should immediately apply for an Economic Injury Disaster Loan (https://www.sba.gov/page/disaster-loan-applications#section-header-0). This loan offers a forgivable advance of up to $10,000. Funds will be made available within three days and the loan advance will not have to be repaid. Even if you already applied for this loan, you need to apply again under the new streamlined application below if you want to be eligible for the advance. Apply Now (https://covid19relief.sba.gov/#/)
Secondly, the PDF link below will explain the Payroll Protection Program (https://www.sba.gov/funding-programs/loans/paycheck-protection-program)loan that is being offered by the SBA. In short, they will loan you money to pay employees, rent, and utilities for 8 weeks and then forgive the loan as long as you keep your employees.
Payroll Protection Program PDF (https://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdf)
I hope this helps your employees and your company survive. We’re here to help and direct you to the right place if we can. Do not hesitate to email me PERSONALLY with any questions and I’ll do my best to help guide you through our international network.
https://www.usda.gov/topics/farming/grants-and-loans?fbclid=IwAR2kf0V-h0_C7uJdL3ff2jjAZ3fbfFRwl_KfXtK-DaR7k-JG35A9loknhzs