On March 31, the Seminole County Chamber and the Apopka Area Chamber of Commerce were treated to a great Zoom meeting with the U.S. Chamber of Commerce, the organization on the front lines to protect businesses in Washington, D.C.
Moore Hallmark, Executive Director for the Southeast Region of the U.S. Chamber of Commerce, was the guest speaker, updating our members on the recently signed law - The Coronavirus Aid, Relief, and Economic Security (CARES) Act - which 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 who maintain their payroll during this emergency. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.
To watch the full video, please go to the Seminole County Chamber's YouTube Channel.