With many states, including Tennessee, closing non-essential businesses, banning small gatherings, reminding people of Coronavirus/COVID-19 Safety Tips, and asking people to shelter in place to fight the spread of the coronavirus, a lot of businesses have been greatly impacted.
With this in mind, Congress recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act containing numerous programs and initiatives intended to assist small businesses and non profits with whatever needs they might have during the COVID-19 national health crisis.
The CARES Act will make many new resources available to small business owners, as well as certain nonprofits and other employers. The US Senate has published a helpful PDF guide summarizing the various relief programs available to small businesses and non profits through the CARES Act.
If your business has been impacted by the novel Coronavirus and you are struggling to cover the cost of retaining employees, or need other financial help or assistance to make it through the COVID=19 crisis, this resource may have exactly the answers you need.
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- Red Cross Tennessee Update on COVID-19