The
U.S. Treasury Department
has posted the application form and guidance for qualified businesses impacted by COVID-19 to apply for the Paycheck Protection Program (PPP).
Businesses can apply for the program starting Friday, April 3
.
In the weeks immediately after the passage of the CARES Act, Americans will see fast and direct relief in the form of Economic Impact Payments. The Treasury Department and the Internal Revenue Service have announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people.
Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive an economic impact payment of
up to $1,200 for individuals or $2,400 for married couples
. Parents also receive $500 for each qualifying child.
Click here
for more information on Economic Impact Payments.