CARES Act has multiple options for relief.
Complete text of the act: https://www.congress.gov/bill/116th-congress/house-bill/748/text#toc-HCC079DAB5D724A3B9AE86D4E64A83BBE
Jonathan McGuire takes us through the different elements and describes the different attributes and which might work for you.
Coronavirus Relief Options: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
Paycheck Protection Program: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp#section-header-1
If you have employees, W2 wages, this is likely your best option.
Economic Injury Disaster Loan EDIL: https://covid19relief.sba.gov/#/
If you do not have employees, this is likely your best option.
There are additional fixes in the bill to correct prior measures.
For additional information, go to:
Website: aldrichadvisors.com