Stimulus Bill Means US Business Relief During COVID-19 Pandemic
March 20, 2020
NCMA Business Partner, McGuireWoods is monitoring the availability of government emergency loan programs to help suffering U.S. businesses during the COVID-19 pandemic. Sources of relief include federal programs available from the U.S. Small Business Administration (SBA), the Small business Investment Act of 1958, and through the Trump administration's plans to to establish a $300 billion small-business interruption loan program that would provide 100% guarantee on qualifying loans as part of the $1 trillion stimulus bill being introduced in the U.S. Senate.
Full details and updates of the fast moving relief efforts can be found at McGuireWoods Resources Website.