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  • Home
  • About
    • History
    • Bylaws
    • Board of Directors
    • Staff
    • Privacy Policy
    • Refund Policy
  • Online Planroom
    • Submit a Plan or RFP
    • Request a Trial
  • Education Foundation
    • CIEF Board of Trustees
    • Education Classes
    • CREATE Mentoring Program
    • Design Build Competition
    • Trades Day
    • NEXT Young Professionals
    • Scholarships
    • Grants
    • Donate
  • Employee Safety
    • Safety Classes
    • Safety Advisory Council
    • Safety Expo >
      • Safety Expo Registration
      • SRBX Safety Leadership Award
    • Mental Health Tailgate Talk
  • Advocacy
    • Contribute to the PAC
    • Construction Legal Committee
    • Women in Construction
    • New Laws for 2021
    • Legislative Priorities
    • Voter Guide 2020
    • Casual Conversations
    • Emerging Regulatory Issues
  • Member Benefits
    • Calendar
    • Resources >
      • Classifieds
      • Industry Links
    • Member Value Program
    • Interactive Directory
    • Printed Directory
    • Publications
    • Member Login

Coronavirus (COVID-19) Updates from SRBX & CIEF

CARES Act

3/30/2020

 
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.

Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. The United States Chamber of Commerce has developed this excellent  Emergency Loan guide and checklist  for Small Businesses.

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