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.
Click here for the US Chamber's Emergency Loans Small Business Guide and Checklist |
This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.
Click here for the US Chamber's Small Business Owner's Guide to the CARES Act |
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
Click here for SBA's Payment Protection Program guidelines |
The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. These provisions will apply from April 1, 2020 through December 31, 2020.
See the Department of Labor Poster |
The Tacoma-Pierce County Chamber, the Economic Development Board of Tacoma-Pierce County, and the Kitsap Economic Development Alliance bring you experts from all areas of government and business to help answer your questions concerning the COVID-19 pandemic. Every Monday and Wednesday at 11:00AM.
Click here for info on the next broadcast and to listen to past broadcasts. |
Another Chamber resource for up-to-date, in-depth information pertaining to the continuing COVID-19 crisis.
Click here for blog |
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Tacoma, WA 98402 Phone: (253) 627-2175 Fax: (253) 597-7305 [email protected] |
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