Our local, state and national governments continue to pass legislation to address the needs of individuals, families and business. As we sift through the government stimulus available to assist businesses during and after the COVID-19 global pandemic, there is a tremendous amount of information available and the search process can be overwhelming. Keller Stonebraker has put together a list of resources for our clients and we hope you find them helpful.
Summary of Key Legislative Acts
- Legislative Tracker – Last Updated June 26
- H.R. 6800 – $3 Trillion Proposal in additional Coronavirus relief
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provides over $2 trillion to address COVID-19 and its economic effects. This includes cash relief for individual citizens, loan programs for small business (such as the Small Business Paycheck Protection Program), and various types of economic relief for affected businesses.
- CARES Act Overview
- Guide to the CARES Act
- New Guidance from the U.S. Treasury Department on Paycheck Protection Program
- What Employers Need to Know: Employment Provisions in the CARES Act – Webinar
Small Business Paycheck Protection Program (PPP)
- PPP Overview
- US Chamber SBA Loan Checklist
- PPP Borrower Fact-Sheet
- PPP Application
- Payroll Expense Worksheet
- Payroll Worksheet Excel
- EIDL Overview
- New Law Changes the PPP Requirements – June 5, 2020
Families First Coronavirus Response Act (FFCRA)
Families First Coronavirus Response Act (FFCRA), seeks to address the impact of COVID-19 on individuals. It includes provisions on low-income food/nutrition assistance, unemployment insurance, emergency leave, and employer tax credits to partially offset the costs of required leave.
From the Department of Labor
Key Financial Assistance Programs
The Maryland Business Relief Wizard is a tool that helps connect businesses with the resources and programming for which they’re eligible, streamlining the process of finding support. Click Here to access the tool.