CARES Act & Small Business Assistance

CARES Act & Small Business Assistance

More About CARES Act & Small Business Assistance

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 (PPP), the initiative provides 100% federally guaranteed loans to small businesses. Application Deadline 30 June: click for details

Economic Injury Disaster Loan (EIDL). In response to the COVID-19 pandemic, small business owners are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application. This loan advance will not have to be repaid. click for details

In addition, employers should also be aware of these existing programs:

Federal Emergency Paid Leave Program:
Through the end of 2020, employers with fewer than 500 employees must provide 80 hours of paid sick leave and 10 weeks of paid family leave. Note that employers will be reimbursed by the IRS for 100% of the paid leave in 2 weeks or less. They will also be reimbursed for employees’ health care premiums during leave. The current IRS guidance can be found here: click for details

CT Department of Labor’s Shared Work Program:
Allows employers to reduce employees’ hours by up to 60% and DOL will step in to provide unemployment insurance (UI) benefits that help offset the lost wages, as well as the new federal UI supplement. More information about the program can be found here: click for details

Town Planner Sponsors who can help:

BitX Funding: click for details



Tags: local events



Event Details

Date: May 18, 2020






  • Visit Website
    Chef Rafael Palomino makes a statement with every dish. Tapas along with our famous mojitos are the main attraction at Sonora. Grab your friends and order tapas to share an experience to remember. Join us for Jazz on Friday evenings. Check out our Happy Hour menu!

  • Visit Website
    Personalized, moving and storage services for discriminating customers. Handling all your household goods including artwork, antiques, pianos and other high value furniture with the utmost professional care. Coordinating all the logistics from start to finish.
    Call Patricia 914-804-0335/914-273-5072.

  • Visit Website
    As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information.

  • Visit Website
    Helping people in Fairfield County stay active in the gym and pain free at work, without surgery, painful injections or medication. In addition to injury prevention and rehabilitation, we offer massage, personal training and targeted strengthening PT circuit classes to merge with treatment with the goal of optimizing rehab.

Share This Event
  • Visit Website
    Chef Rafael Palomino makes a statement with every dish. Tapas along with our famous mojitos are the main attraction at Sonora. Grab your friends and order tapas to share an experience to remember. Join us for Jazz on Friday evenings. Check out our Happy Hour menu!

  • Visit Website
    Personalized, moving and storage services for discriminating customers. Handling all your household goods including artwork, antiques, pianos and other high value furniture with the utmost professional care. Coordinating all the logistics from start to finish.
    Call Patricia 914-804-0335/914-273-5072.

  • Visit Website
    As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information.

  • Visit Website
    Helping people in Fairfield County stay active in the gym and pain free at work, without surgery, painful injections or medication. In addition to injury prevention and rehabilitation, we offer massage, personal training and targeted strengthening PT circuit classes to merge with treatment with the goal of optimizing rehab.

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