TYR Tactical

Small Business Paycheck Protection Program

Many of you own small businesses and are wondering how you are going to pay your employees as well as overhead costs such as rent and utilities. Regardless of where you stand on the CARES act recently passed by Congress and signed into law, there’s a provision in there to help you.

We wanted to share this slide deck with our readers. It outlines the small business paycheck protection program which runs through June 30. You’ll learn that you don’t have to lay off employees, and in fact, this provision incentivizes you to keep them on full pay, even if circumstances keep them from coming into work. Many of you can take advantage of this program to grow your business while others retract, unable to envision business during these tough times.

 

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