As the economic pause caused by coronavirus endures, businesses are racing to understand and access the $350 billion in loans provided by the CARES Act to help impacted small businesses. Emergency loans are newly available to sole proprietors, and new guidance accompanies this relief. Estimates indicate the total amount of aid isn’t enough to address current needs, and Congress is considering extending more funds to small businesses.
This Friday, April 10 at noon ET, Inc. and the U.S. Chamber of Commerce will team up for a third virtual National Small Business Town Hall to help small business owners and sole proprietors alike navigate the programs that are available to them. Inc. Editor-At-Large Kimberly Weisul will moderate a discussion with the U.S. Chamber’s Executive Vice President and Chief Policy Officer Neil Bradley to lay out the new guidance for sole proprietors, address the steps all impacted businesses should take to tap into available resources, and discuss the potential for more aid in the future.
A panel of business experts will join them to questions from business owners of all sizes, and to offer counsel to anyone attempting to access the loans the CARES Act provides.
Already registered for the National Small Business Town Hall #3? Sign-in here to access your registration.