U.S. Chamber Answers Questions on Phase III of the CARES Act
One of the main goals of the CARES Act is to ensure workers are employed amid the pandemic.
UNITED STATES – Phase three allocated $350 billionĀ to help small businesses continue to pay their staff while being shut down. $240 billion has already been loaned out. With so many businesses applying for federal help many people are wondering if they can apply at banks elsewhere. “I know some banks have a long queue and you’re getting further behind….