CARE Act

Clearly you've heard that the politicians passed a big plan to help restaurants get through this challenging time.

This CARES Act may be challenging but you should apply quickly since the line will be long. Also, please forward this to any employees or friends in the restaurant business so we can help the food service industry as quickly as possible. Attached are summaries from the National Restaurant Association on the CARES Act and the Paycheck Protection Act from Synovus.

The applications are not yet available as the SBA still has not released its full guidance as to how the process will work (should be this week). I am including a few links which should be helpful, including one which allows you to submit contact information and be notified when the new program is available. 

I will pass along any updates I receive but signing up NOW may get information to you even more quickly than I can.  

• General Information about the Paycheck Protection Program: https://www.synovus.com/covid-19/paycheck-protection-program/

• Paycheck Protection Program Interest Form: https://www.synovus.com/covid-19/paycheck-protection-program/interest-form/

To your Health,

MC