NEWS & EVENTS
Analysis of CARES Act Stimulus Package
March 27, 2020
From The Butler County Chamber of Commerce:
Dear Chamber Member we are committed to passing any relevant information we get to you. Below you will find the US Chamber summary of the latest stimulus package.
Our partners with the U.S. Chamber of Commerce have provided a thorough analysis of CARES Act. I encourage you to review this robust stimulus package and ensure you are fully aware of the supports available to your organization. Key provisions in this $2 trillion stimulus package include:
- $500 billion in loans, grants, and support for Federal Reserve credit facilities,
- $349 billion lending program for Small Businesses modeled after the existing Section 7(a) SBA loan structure;
- Robust support levels for local governments, public transit and airports;
- Expansion of Unemployment Compensation Benefits;
- Direct payments to US taxpayers.
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