These programs may help keep your business going in these difficult times

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The economic shutdown that we’ve endured as a nation as we attempt to combat COVID-19 has created significant challenges for small business owners. Even those that were thriving before the crisis are not immune to the effects of a sustained closure or limitation on how they operate.If you’re among the millions of American small business owners worried about being able to pay your bills – or even stay in business – during this challenging period, you’re likely wondering how assistance from the U.S. government can help.Here is information on three programs that may be available to you, depending on your circumstances:

The Paycheck Protection ProgramThis was a major element of the fiscal stimulus act passed by Congress, designed to help small businesses. You can apply through a bank for a government loan to help keep your business operating. If the funds are used to cover payroll costs and other necessary expenses like rent and utilities, the loan may be forgiven in part or entirely. This program works best if you are still able to keep your business operating and some of your staff employed.If you’ve been forced to shut down completely and laid off …

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