$2 trillion stimulus package that includes $350 billion in government-backed paycheck protection loans for small businesses summarized:

Inc. and the U.S. Chamber of Commerce assembled a panel of experts, moderated by Inc. editor-at-large Kimberly Weisul,

First, you need to determine whether you’re eligible for any of those $350 billion in loans. Inc. staff writer Kevin J. Ryan dove into specifics on loan eligibility, and wrote a very helpful primer on the subject. A couple topline tidbits:  If you have fewer than 500 employees, operate in the food or accommodations industries, or run a nonprofit or veterans' organization, your odds are good.  The maximum value of the loan you might obtain is based on your average monthly payroll cost in 2019, so start calculating those costs right now.

Next, understand the differences between these loans and the more traditional 7(a) loans you’d ordinarily procure through the Small Business Administration--which range from an increase in maximum loan size (from $5 million to $10 million) to a lower cap on interest rates (from 6 percent to 4 percent). Over the weekend, Inc. web producer Brit Morse assembled an exhaustive list of these differences --because understanding them could be crucial to your company’s financial health.

Loan Forgiveness
Third, learn about paycheck protection loan forgiveness: Portions of these loans can be converted to grants, dependent on your company’s expenses and whether you conduct layoffs in the first eight weeks following the loan. Inc. senior editor Graham Winfrey dug into the details here --including how forgiveness affects businesses that have already laid off employees.
Small Business Association
Disaster Loan Assistance
Technology Update
The Disaster Loan Assistance portal has been updated again.

New information will be disseminated as we receive it. 
If you have already submitted an application and want to check on status, please call customer service at 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail .
If you are submitting a new application, please follow the new streamlined steps in the portal ( ) as the questions are mostly the same from all the required documents in the previous version of the portal. 
Small businesses are encouraged to apply for EIDL and then request an Economic Injury Disaster Loan advance of up to $10,000. The loan advance will provide economic relief to businesses impacted by the Covid-19 disaster and funds will be made available within 3 days and this loan advance will not have to be repaid.    
Please direct all inquiries and questions to our District Office email at:  
Additional Links and Resources:
If you are ready to apply online and just need an aid to walk you through the questions, please review the STEP-BY-STEP PDF and the RECORDED WEBINAR below...
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