Paycheck Protection Program Loan
Beginning Friday, April 3, 2020, businesses and sole proprietorships can apply for the SBA Paycheck Protection Program
, which provides small businesses with funds to pay up to eight weeks of payroll costs, as well as interest on mortgage, rent, and utilities. Funds may be fully forgiven based on the employer maintaining or rehiring employees and maintaining salary levels. Independent contractors and self-employed individuals can apply starting on Friday, April 10, 2020.