coronavirus information & Resources

Coronavirus Aid, Relief, and Economic Security (CARES) Act
Information and Overview

CARES act SBA Loan programs

​The Small Business Owner’s Guide to the CARES Act
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will
be many new resources available for small businesses, as well as certain nonprofits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA. Guide available HERE. 

To keep up to date on when these programs become available, please stay in contact with your local Small Business Administration (SBA) District Office, which you can locate HERE.

The National Restaurant Association has prepared overview documents for the following CARES Act relief programs:

• Paycheck Protection Program (PPP)
• Economic Injury Disaster Loans (EIDL) 
• Employee Retention Tax Credit (ERTC)

Documents and records may be the things that help you most in securing loans and grant money to tide you over until the crisis passes. National Restaurant Association guidance for the paperwork you should be gathering HERE. 

National Restaurant Association CARES Act FAQ
The CARES Act includes several measures to assist small businesses, including loan programs and tax relief measures – all with the goal of preventing workers from losing their jobs and small businesses from going out of business due to economic losses caused by the COVID-19 pandemic. Outlined below are answers to the most frequently asked questions about these loans and relief measures, including eligibility, terms and conditions, and how to apply. FAQ HERE. 

Coronavirus Aid, Relief, and Economic Security (CARES) Act | National Restaurant Association Executive Summary
Congressional leaders released the final text of their $2 trillion coronavirus rescue package. The agreement includes a dramatic expansion of unemployment insurance, a rescue fund for state and local governments, immediate cash for hospitals, and a huge pool of grants and loans for small businesses. Executive Summary for Restaurants, HERE.
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​​What You Need to Know and Do About the CARES Act
The federal CARES Act was signed into law March 27, 2020. The Act provides enhanced Unemployment Insurance (UI) benefits and Pandemic Unemployment Assistance (PUA) for New Yorkers.