The U.S. Chamber of Commerce has issued a Small Business Emergency Loan Guide and Checklist to help small businesses and self-employed individuals prepare to file for an emergency loan in the wake of Covid-19.
The Chamber PDF helps answer,
1. Who is Eligible
2. What lenders will be looking for, and what they won't be looking for
3. How much you can borrow
4. How the loan will be forgiven
5. And next steps for small businesses to take
The administration soon will release more details including
the list of lenders offering loans under the program.