Relief for Small Businesses: What You Need to Know About the CARES Act

How to find out if you’re eligible, how to apply for the loan, and more! [WordStream] [This Month's Content Recap] [How COVID-19 Has Impacted Google Ads Results for 21 Industries [Data]]( On Friday, March 27, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became US law. The largest stimulus bill in American history, the CARES act put into motion a momentous effort to provide financial relief for millions of Americans who have been economically impacted by the coronavirus pandemic—in particular, the millions of Americans who’ve filed for unemployment as a result of the pandemic and the small businesses who employ so many of them. The $350 billion Paycheck Protection Program (PPP) might be the most promising portion of the legislation. With its low interest rate and forgiveness potential, the Paycheck Protection Program aims to sustain small businesses through this pandemic without burdening them with significant debt to pay off when the crisis has passed—and, in the process, its goal is to keep people in their jobs and stem the tide of unemployment nationwide. If you think you may need to make use of this resource, you won’t want to wait to start evaluating if a PPP loan is right for your business. Here, we’re diving into the information you need to know right now, including how to find out if you’re eligible for a loan, how to apply, how you can use the funds, and more. [KEEP READING]( [Free Google Ads Grader]( Google Ads can be hard. Find out how you compare to your competitors & get actionable tips to improve! [GET YOUR FREE REPORT]( [More from the WordStream Blog] [4 Major Trends Caused by COVID-19 and How to Respond [Data]]( [READ THE FULL POST >>]( [How COVID-19 Is Shaping Google Search Trends & Patterns [Data]]( [READ THE FULL POST >>]( [6 Strategies for Facebook and Instagram Advertising During the COVID-19 Pandemic]( [READ THE FULL POST >>]( [Facebook]( [Twitter]( [LinkedIn]( [Instagram]( [YouTube]( WordStream 101 Huntington Ave Boston, MA 02199 If you no longer wish to receive these emails, click on the following link: [Unsubscribe](