The Grant will only be given to 10 million (of the 30 million companies). The short: you must retain employees and avoid layoffs.
The first 10,000 will be forgiven as a grant – you can apply for this loan here
To download a paper application, see our page here
What does that mean for small businesses? If you are shut down and need to pay rent and employees, this is $10,000 of relief. The downside, you convert the grant to a loan if you layoff employees.
