Find out how the CARES Act will impact you!
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CARES Act

Find out How the CARES Act Will Impact You!

On March 27, 2020, President Trump signed the $2 Trillion “Coronavirus Aid, Relief, and Economic Security Act” (the CARES Act). The CARES Act includes public health spending to confront the COVID-19 pandemic, cash relief for individual citizens, a broad lending program for small businesses, and targeted relief for hard-hit industries. The CARES Act could provide the average independent contractor anywhere from $1,200 to $25,000 of economic stimulus relief based on the various programs listed in this eBook.

The team at ATBS has analyzed the 880-page document in order to summarize key portions of the Act that will be relevant to owner-operator truck drivers. We will continue to update this eBook with relevant clarifications as more information becomes available.

If you have not yet downloaded the eBook, we have made a few important updates, including:

  • Potential CARES Act Spams - Page 3
  • Paycheck Protection Program Loan vs Economic Injury Disaster Loan - Page 7
  • PPP Loan Use of Funds Guidelines - Page 8
  • PPP Loan Frequently Asked Questions - Page 10

To view the most current version of the eBook, please click on the link below to request a copy.

We hope that this information will help answer any of the questions that you have about the newly passed economic relief plan!

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