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Small Business Provisions Fact Sheets

A note from Congressman Ken Calvert's office:
While the CARES Act, or Coronavirus Phase III stimulus bill, still needs to be approved by Congress and signed into law by the President, there is a bipartisan agreement to enact the bill. Linked below are fact sheets prepared by the Small Business Committee on the small business provisions within the CARES Act.
Rep. Calvert wanted to be sure our members have this information as soon as possible. It’s also important to note that small businesses are being encouraged to work directly with their bank lenders once this bill becomes law, rather than with the SBA. Officials believe this will help prevent a bottleneck at the SBA and are giving lenders necessary authorities to directly provide the financial assistance being offered.
As always, please let us know if there’s anything our office can do to be of assistance.

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