Paycheck Protection Program - CARES Act
The U.S. Treasury Department has released the Application form and Fact Sheets for the Paycheck Protection Program under the CARES Act. Small businesses and sole proprietorships may begin applying on Friday, April 3, 2020. Independent Contractors and self-employed individuals may begin applying on Friday, April 10, 2020.
You should contact your bank immediately to initiate your application to participate and receive funding. The fact sheets are encouraging the businesses to apply as soon as possible since the funds available are capped.
For further information and a quick link to our previous communications, please review COVID-19 Updates on our website.
We have included the following documents for your convenience:
Paycheck Protection Program Overview
Borrower Paycheck Protection Program Applications
Borrower Information Fact Sheet
Sincerely,
Scott Lazarone, CPA
Faulk & Winkler, LLC
Baton Rouge, Louisiana