Help For Businesses
Late last week, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This Act, which is the largest government stimulus in history, provides a collection of resources and lifelines to businesses and individuals in the United States who have been affected by the COVID-19. Included in these provisions were many small business loan provisions, as well as income tax changes and various payroll credits.
Eligible businesses in Kansas will be able to apply for a one-time loan of up to $20 thousand at 0% interest for a period of 36 months. There will be no principal or interest payments for the first four months.