Coronavirus Emergency Loans Small Business Guide and Checklist
The U.S. Chamber's Coronavirus Emergency Loans Small Business Guide and Checklistserves as a comprehensive step-by-step tool to help small businesses, independent contractors, gig economy workers and other qualifying individuals prepare to file for a coronavirus relief loan under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The guide is also available for download in Spanish here.
Economic Injury Disaster Loan (EIDL) Program Guide
The CARES Act expanded the Small Business Administration’s (SBA) long-standing Economic Injury Disaster Loan (EIDL) program. The EIDL program was created to assist businesses, renters, and homeowners located in regions affected by declared disasters. The program is applicable to small businesses and most small nonprofits (less than 500 employees), sole proprietors and independent contractors. The U.S. Chamber's guide to the SBA's EIDL Program seeks to help you check eligibility, understand loan parameters, and find out how to access emergency grants.
Employee Retention Tax Credit Guide
The CARES Act also created a new employee retention tax credit—that does not have size restrictions—for employers who are closed, partially closed, or experiencing significant revenue losses as a result of the coronavirus pandemic. The U.S. Chamber's guide to the Employee Retention Tax Creditwill help businesses check eligibility, calculate their credit, and understand which employees count toward eligibility, among other information.
Temporary Paid Leave and Family Medical Leave Guide
The Families First Coronavirus Response Act created new temporary paid sick leave and paid Family and Medical Leave Act (FMLA) programs that are 100% reimbursable by the federal government. The U.S. Chamber's Coronavirus Paid Leave Programs: Employer Guide provides information on requirements, employee eligibility, paid leave calculations and exemptions.
Coronavirus Small Business Guide
The U.S. Chamber's own interactive digital platform CO— has created a Coronavirus Small Business Guide to help you navigate the pandemic with new stories daily—including the resource guides above, remote working tips, links to small business webinars and townhalls, and more.