Davy Leghorn of The American Legion Washington Office has provided us information about the Corona Virus Relief Act.
This an opportunity for Departments and Posts to help offset some employee costs as well help the employees during this period where Posts are shut down by local government. Of course things are changing on a daily basis, but Posts should start reviewing the process as early as possible and get the paperwork in the queue.
It is planned that the approved Financial institutions should be getting the appropriate guidance this Friday. Your state Small Business organization is a good point of contact for answers in your state.
More information for the program can be found at the SBA.GOV website.
A great tutorial for pursuing the loan programs can be found at the US Chamber Foundation website.