What you need to know about the CARES Act

The Birmingham City Council partnered with Dana Moore, the Executive Director of the Southern Development Council, for a discussion about Small Business Administration programs within the recently passed Coronavirus Aid, Relief, and Economic Security, or CARES, Act. The CARES Act is intended to aid small business owners, certain non-profits, and other employers with new resources.

Below, you will find more information courtesy of the U.S. Senate Committee on Small Business & Entrepreneurship. The guide provides information about major programs and initiatives that will soon be available from the SBA, as well as some additional tax provisions that are outside the scope of SBA. In order to stay informed about when these programs become available, you will need to stay in contact with the SBA’s District Office at(205) 290–7101

Click here to read the business and non-profit to-do list.

Click here to see a list of SBA guaranteed lenders in Alabama.

Click here to see a list of frequently asked questions, and the Small Business Owner’s Guide to the CARES Act.

Tweets from The Birmingham City Council in Birmingham, Alabama