1. CARES Act: Stimulus Package News, CARES Act was passed on Friday, March 27th.
This is the Coronavirus Aid, Relief & Economic Security Act.
The International Foodservice Distributors Association has put together a chart to compare the SBA Small and Mid-Size Business Lending Programs VS Large Company Program (over 500 employees)
They recommend you talk to a professional before acting on anything concerning the CARES Act.
Additional Loan Details and Disclaimers from IFDA:
2. Restaurant Employee Relief Fund:
The National Restaurant Association has created a relief fund to help restaurant industry employees who are now experiences hardship due to the (COVID-19) outbreak. (The fund is operated by the National Restaurant Association Educational Foundation (NRAEF)