Updates will be added to this page as they become available
Types of Loans Available Through The CARES Act and Characteristiscs of Each Loan
The Coronavirus Aid, Relief, and Economic Security Act CARES Act (Pub. L. 116-136) defined a number of programs that charitable nonprofits will be eligible to apply for.
The chart on the right from National Council of Nonprofits provides information on CARES loan options, eligibility criteria, terms, and application information.
This chart is neither financial nor legal advice for any specific organization. It is an analysis of the new law before any rules or regulations.
Links to Informative Resources
- Alliance for Nonprofits | Useful Comparison of Economic Injury Disaster Loans and Paycheck Protection Program Loans
More About the CARES Act
- Slides of this Webinar | PDF