Coronavirus Aid, Relief, and Economic Security Act: This bill addresses economic impacts of, and otherwise responds to, the COVID-19 (coronavirus) outbreak.
To help small business owners and entrepreneurs better understand the new programs that will soon be available to them, a comprehensive guide to many of the small business provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress has been created. These programs and initiatives are intended to assist business owners with whatever needs they have right now.
U.S. Small Business Administration (SBA)
The U.S. Small Business Administration (SBA) has approved disaster relief loans for small businesses in Kentucky that are not able to operate due to the novel coronavirus outbreak. Kentuckians are urged to begin applying via the SBA’s official website or by calling 800-659-2955.