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Disaster Financial Assistance for Workers and Small Business Owners

If you’ve been affected by the coronavirus pandemic, learn how you could qualify for unemployment benefits, paid leave, and more. Get financial help from the government if you own a small business. Find out about the CARES Act and how it can help you.

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The  expanded benefits further. It authorizes:

  • Self-employed workers and gig workers to receive unemployment benefits

  • Đang chơi bàiUnemployed workers to get an extra 13 weeks of benefits beyond the number a state currently provides

Đang chơi bài for more information and to apply for benefits.

Đang chơi bài

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  • Help for Individuals: Stimulus Checks

    The Internal Revenue Service (IRS) will be issuing one-time payments for many individuals starting in late April 2020. Most people won’t have to do anything to get their stimulus check. Find out if you qualify for a stimulus payment, if you’ll have to do anything to get it, and when you might receive it. 

    Help for Individuals: Expansion of Unemployment Benefits

    The CARES Act expands eligibility, amount, and duration of benefits for people impacted by the coronavirus. Read about those and other coronavirus-related changes to unemployment benefits.

    Home Loan Relief: Federally-Backed Mortgages

    Single family homeowners with federally-backed mortgages get two types of financial help:

    1. Protection from eviction and foreclosure through mid-May

    2. Đang chơi bàiReduced or postponed mortgage payments for up to a year

    Renter Relief: Multi-Family Homes With Federally-Backed Mortgages

    If you live in an apartment building with a federally-backed mortgage, you're safe from eviction till late July. Read more about that and about renter relief from some  states.

    Credit Report Protection

    If you're affected by the coronavirus pandemic, . If you follow that agreement, your creditor cannot change your credit report status; if you were up-to-date in your payments before the accommodation, your creditor must still report you as current. If you were delinquent in your payments before the accommodation, your creditor will continue to report you as delinquent until you bring the account current.  

    Federal Student Loan Relief

    Your payments will automatically stop during this period.

    Help for Businesses: Small Business Administration Loans

    The CARES Act creates or boosts programs designed to keep small businesses afloat. 

    Help for Businesses: Payroll Tax Credit for Businesses of All Sizes

    Đang chơi bài It will refund 50% of up to $10,000 in wages paid by businesses impacted by the coronavirus pandemic. Businesses that take small business loans are not eligible.  

    . This three-month extension to the normal April 15 deadline comes in response to the coronavirus pandemic.

    Đang chơi bàiThis extension does not apply to state and local tax returns. To make sure you file those on time, . If you do not file and pay your taxes on time, you will be charged interest and a late payment penalty. For taxpayers due a refund, there is no penalty for filing a late return.

    Đang chơi bài  page.

    Notice: Paycheck Protection Program closed August 8, 2020

    Current law dictates that the Paycheck Protection Program (PPP) close at the end of August 8, 2020. As such, SBA is no longer accepting PPP applications from participating lenders 

    Đang chơi bàiIf your business has been hurt by the coronavirus (COVID-19), the Small Business Administration has options that may help you. For declared disasters, the SBA offers . And now, its new .

    These programs were authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) ActĐang chơi bài, signed on March 27, 2020.

    Paycheck Protection Program

    The provides help for:

    • Businesses with less than 500 employees

    • Đang chơi bàiPrivate non-profit organizations

    • Veterans organizations

    The program offers loans for payroll and certain other expenses. Businesses that pay all employees for eight weeks will not have to repay loans used for:

    • Payroll

    • Rent

    • Mortgage interest

    • Utilities

    Economic Injury Disaster Loan Emergency Advance

    The  provides a loan advance for businesses losing money due to the coronavirus. These loans can help you pay:

    • Đang chơi bàiContinuation of health care benefits

    • Rent

    • Utilities

    • Fixed debt payments

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    SBA Express Bridge Loans

    If your business has a relationship with an SBA Express lender, you can borrow up to $25,000 fast under the .

    SBA Debt Relief

     It may also defer loan payments on disaster loans through December 31, 2020.

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    Đang chơi bàiLast Updated: December 1, 2020

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