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The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.

Here are the questions you may be asking and what you need to know.

CORONAVIRUS EMERGENCY L ANS Small Business Guide and Checklist

CORONAVIRUS EMERGENCY L ANS Small Business Guide and Checklist

CORONAVIRUS EMERGENCY L ANS Small Business Guide and Checklist

CORONAVIRUS EMERGENCY L ANS Small Business Guide and Checklist

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