As the coronavirus (COVID-19) pandemic continues to impact virtually every aspect of our lives, small businesses are facing their own challenges during this uncertain time. We thought that it would be helpful to update you on some recent efforts that are intended to support small businesses throughout the country.
The CARES Act
As you probably know, Congress recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which allocates $350 billion for Paycheck Protection Loans to support small businesses. The Small Business Administration (SBA) is offering generous loans with fewer restrictions in order to help small business owners cope with the financial challenges caused by the COVID-19 outbreak. To learn more about how to apply for an SBA loan, click here.
The U.S. Chamber of Commerce
The U.S. Chamber of Commerce has put together a guide for small businesses that are struggling in the wake of the coronavirus outbreak. This guide includes strategies for navigating the outbreak, information on financing options, answers to frequently asked questions, and more. Check it out here.
Coronavirus Response Toolkit
During the pandemic, communication is essential. As a small business owner, you’ll want to keep your clients informed about any changes to your hours of operation, services, and contact information. The U.S. Chamber of Commerce has assembled a Communication Toolkit for small businesses to use, including sample social media posts and graphics, blog posts, tweets, and other messages to keep your clients informed.
Google recently made a commitment to supporting small businesses during this volatile time in a number of ways, including providing $340 million in Google Ads credits. This website gives an overview of their offer and includes answers to some frequently asked questions.
If you already have our monthly Google Ads services, we will notify you as soon as we receive more details. If you are interested in learning about Paid Ads, schedule a call with our Client Success team to discuss options, including Social Media advertising.