Coronavirus Relief Assistance
From the US Small Business Association
Updated April 24, 2020
If you are a small business owner, like many of iCare's providers are, you may qualify for one of the funding relief options that the US Small Business Association can offer. In addition to traditional small business funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak.
One option that your small business may qualify for is the Paycheck Protection Program, an SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. This program is available to cover payroll costs, including some additional benefits like:
- Interest on mortgage obligations, incurred before February 15, 2020;
- Rent, under lease agreements in force before February 15, 2020; and
- Utilities, for which service began before February 15, 2020.
To find out more about the Paycheck Protection Program (PPP) for borrowers, read the Information Sheet. We've also included the application here.
To learn more about the US Small Business Administration and what they may be able to do for your small business, visit https://www.sba.gov/funding-programs/loans/coronavirus-relief-options.