The Senate just passed the new bill, with $484 billion in aid, including funds to replenish small business loan programs. We expect the House to pass the bill on Thursday, and for it to quickly be signed into law.
Here’s what you should do:
- If you are applying for the Paycheck Protection Program, get in touch with a lender as soon as possible and start the process. In particular, you should ask for the specific documents that your lender needs in order to approve your loan.
- Make sure that you have all your documents in order, because this money will go quickly!
- Go to usworker.coop/covid-19 for the latest information and answers to your questions.
Reach out if you need us, we are here to support!