An AI Chatbot for You to Learn about CARES Act Small Business Relief Options
On March 17, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law. The CARES Act made billions available in relief for American workers and small businesses. The Small Business Administration are administrating many of the relief programs.
This chatbot gives you an intuitive way to ask questions about the small business relief options. Click on the on blue box below and ask away!Please note that neither this website nor the chatbot are affiliated with the Small Business Administration or any other government agency. The purpose of this chatbot is to provide high level answers to general questions about the aforementioned relief options, and should not be used as a basis to make decisions about your business nor should it be used as your sole source of information. The chatbot was trained using publicly available information from the Small Business Administration and the U.S. Chamber of Commerce *
A list of programs and guidance on how small businesses can cope with coronavirus
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.
SBA's instructions on how to apply for COVID-19 disaster loans.
Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.