The Coronavirus Aid, Relief and Economic Security Act,
CARES Act for Small Businesses
On Sunday, December 27, 2020, President Trump signed the “Consolidated Appropriations Act of 2021,” which provides additional assistance to small businesses, nonprofits, and venues struggling from the impacts of the COVID-19 pandemic.
The bill provides funding for a second round of Paycheck Protection Program (PPP) forgivable loans, Economic Injury Disaster Loan (EIDL) grants, a special grant program for shuttered venues, and enhancements to other SBA lending programs.
Click the button below to view and download “A Comparison of Small Business Disaster Loans Available Through the CARES Act” chart. This chart features information for the Paycheck Protection Program, Economic Injury Disaster Loan & Targeted EIDL Advance and limited information about the upcoming Shuttered Venue Operators Grant.