How to apply for small business loan cares act

How is the CARES Act supporting small businesses?

The Paycheck Protection Program is providing small businesses with the resources they need to maintain their payroll, hire back employees who may have been laid off, and cover applicable overhead.

What kinds of relief does the CARES Act provide for me?

Under the CARES Act states are permitted to extend unemployment benefits by up to 13 weeks under the new Pandemic Emergency Unemployment Compensation (PEUC) program. PEUC benefits are available for weeks of unemployment beginning after your state implements the new program and ending with weeks of unemployment ending on or before December 31, 2020.

What is the Small Business Paycheck Protection Program?

The Paycheck Protection Program established by the CARES Act, is implemented by the Small Business Administration with support from the Department of the Treasury. This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits.

Where can I find loans and other resources for my business during COVID-19?

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the U.S. Small Business Administration (SBA) announced plans to coordinate with states to provide targeted, low-interest loans to small businesses and nonprofit organizations severely impacted by the coronavirus under the Economic Injury Disaster Loan Program.

Explore more business loan opportunities within the Business Loans subcategory and browse additional options within the Disaster Relief category. You can also browse the SBA’s COVID-19 Loan Guidance and Resource Page for small business loan resources available during the coronavirus outbreak.

The U.S. Department of Treasury is offering the Paycheck Protection Program for small businesses impacted by the coronavirus outbreak. Visit the Assistance for Small Businesses Page for information.

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Do antibiotics work against the coronavirus?

No. Antibiotics do not work against viruses; they only work on bacterial infections. Antibiotics do not prevent or treat coronavirus disease (COVID-19), because COVID-19 is caused by a virus, not bacteria.

Does wearing face masks help prevent the spread of COVID-19?

Wearing masks can help communities slow the spread of COVID-19 when worn consistently and correctly by a majority of people in public settings and when masks are used along with other preventive measures, including social distancing, frequent handwashing, and cleaning and disinfecting.

Is Hydroxychloroquine approved to treat the coronavirus disease?

No. Hydroxychloroquine sulfate and some versions of chloroquine phosphate are FDA-approved to treat malaria. Hydroxychloroquine sulfate is also FDA-approved to treat lupus and rheumatoid arthritis.

Can diarrhea be an initial symptom of COVID-19?

Many people with COVID-19 experience gastrointestinal symptoms such as nausea, vomiting or diarrhea, sometimes prior to developing fever and lower respiratory tract signs and symptoms.

Can you contract the coronavirus disease from a package in the mail?

Coronaviruses are thought to be spread most often by respiratory droplets. Although the virus can survive for a short period on some surfaces, it is unlikely to be spread from domestic or international mail, products or packaging.

Can food products spread COVID-19?

There is no evidence to suggest that food produced in the United States or imported from countries affected by COVID-19 can transmit COVID-19.

Can one make self-made hand sanitizer?

FDA recommends that consumers do not make their own hand sanitizer. If made incorrectly, hand sanitizer can be ineffective, and there have been reports of skin burns from homemade hand sanitizer. The agency lacks verifiable information on the methods being used to prepare hand sanitizer at home and whether they are safe for use on human skin.

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Can the coronavirus disease spread through water?

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CDC is not aware of any scientific reports of the virus that causes COVID-19 spreading to people through the water in pools, hot tubs, or water playgrounds. The virus mainly spreads when respiratory droplets from infected people land in the mouths or noses of others or possibly when inhaled into the lungs by others. If a public pool, hot tub, or water playground is open, it is important for all visitors and staff to take steps to slow the spread of the virus: • Stay home if you are infected or might be infected with the virus that causes COVID-19. • Stay at least 6 feet apart (in and out of the water) from people you don’t live with. • Wear cloth masks when not in water. • Cover coughs and sneezes with a tissue (or use the inside of your elbow), throw used tissues in the trash, and wash hands. • Wash your hands often with soap and water for at least 20 seconds.

Is hunter-harvested game meat safe to eat during the coronavirus pandemic?

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Currently, there is no evidence that you can get infected with the virus that causes COVID-19 by eating food, including wild hunted meat. However, hunters can get infected with other diseases when processing or eating game. Hunters should always practice good hygiene when processing animals by following these food safety recommendations:

Do not harvest animals that appear sick or are found dead. Keep game meat clean and cool the meat down as soon as possible after harvesting the animal. When finished handling and cleaning game: Wash your hands thoroughly with soap and water. Clean knives, equipment, and surfaces that were in contact with game meat with soap and water and then disinfect them. While these recommendations apply to general food safety practices, if you are concerned about COVID-19, you may use a product on the EPA list of disinfectants for use against COVID-19. Cook all game meat thoroughly (to an internal temperature of 165°F or higher).

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Can the coronavirus disease spread through feces?

The virus that causes COVID-19 has been found in the feces of some patients diagnosed with COVID-19. However, it is unclear whether the virus found in feces may be capable of causing COVID-19. There has not been any confirmed report of the virus spreading from feces to a person.

Can the coronavirus disease spread through frozen food?

In general, because of poor survivability of these coronaviruses on surfaces, there is likely very low risk of spread from food products or packaging that are shipped over a period of days or weeks at ambient, refrigerated, or frozen temperatures.