Coronavirus Aid & Relief: Eligibility for CARES Act, SBA Lending and FFCRA

4/2/2020 - By Saltmarsh, Cleaveland & Gund

Virtually everyone is impacted in some way by the virus and the flood of relief programs and decisions for both individuals and businesses can be overwhelming. As funding may be limited, it is important to act quickly.

We stand ready to help you find a path through these challenging times and can help you analyze options and determine the impact of various programs such as:

  1. Loans through the Payroll Protection Program (PPP), as authorized by the CARES Act, which has the potential for forgiveness of principal 
  2. Loans through SBA's Economic Injury and Disaster Loan (EIDL) program, which has the potential for an immediate grant 
  3. Loans through Florida Small Business Emergency Bridge Loan Program
  4. The expansion of the Family Medical Leave Act (FMLA) that was part of the Families First Coronavirus Response Act (FFCRA) and the available credits and subsidies for employers 
  5. The expansion of new rules and programs that impact individuals, not only the expansion of FMLA mentioned above, but also expanded unemployment benefits, recovery rebates, rule changes on retirement funds, and more. 

Are you eligible?

Access COVID-19 Business Relief Analysis Tool

For more detailed information on the programs outlined above, links to program applications and other important updates, please visit our COVID-19 Resource Hub. 

QUESTIONS

We are here to assist you! If you have specific questions and would like to set up a call or video chat, please reach out to your engagement shareholder, manager or another member of our team. You can also email Jayme Terrell or call (800) 477-7458.

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