The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain nonprofits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.

Do you need:

  • Capital to cover the cost of retaining employees? Then the Paycheck Protection Program might be right for you.
  • A quick infusion of a smaller amount of cash to cover you right now? You might want to look into an Emergency Economic Injury Grant.
  • To ease your fears about keeping up with payments on your current or potential SBA loan? The Small Business Debt Relief Program could help.
  • Just some quality, free counseling to help you navigate this uncertain economic time? The resource partners might be your best bet.

This guide provides detailed information and Q&A regarding:

  • Paycheck Protection Program Loans;
  • Small Business Debt Relief Program;
  • Economic Injury Disaster Loans & Emergency Economic Injury Grants;
  • Small Business Counseling;
  • Small Business Contracting; and
  • Small Business Tax Provisions.

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With the Senate’s COVID-19 funding bill stalled all of Monday, the House has had time to release its competing legislation. We’re hearing from Capitol Hill insiders that your advocacy is making a difference in ongoing negotiations between both chambers, so please keep the pressure on your members of Congress!

The Ask: Use this email tool to include intellectual / developmental disability (I/DD) supports in provisions creating emergency funds and small business loans.

The Details: Yesterday, the Senate Republican leadership did not receive enough votes for its proposed COVID-19 stimulus package, forcing negotiations to continue between Senate Democrats and Republicans, and open up to House Democrats as well who have introduced their own package.

We know these are stressful times for everyone and the frequent action alerts are exhausting, but you are being heard and now is the time to keep speaking up loudly and clearly. Please keep up the good work by taking action today!

The Centers for Medicare and Medicaid Services (CMS) has released Frequently Asked Questions (FAQs) on Medicare Provider Enrollment Relief related to COVID-19. Also included are toll-free hotlines available to provide enrollment information and answer questions related to COVID-19 enrollment requirements.

For a complete and updated list of CMS actions, guidance, and other information in response to COVID-19, members should visit the Current Emergencies website.