A massive amount of funding from the U.S. government will be allocated to support the U.S. economy, workers, small business owners and industries affected by the COVID-19 pandemic.

The $2 trillion coronavirus stimulus package, officially known as the Coronavirus Aid, Relief and Economic Security (or CARES Act), includes sending direct cash payments of up to $1200 to qualified individuals, pushing back the tax deadline and expanding unemployment benefits.

The stimulus package also includes funds for health care providers and assistance for those with student loans knocked back by the coronavirus disease.

Coronavirus Stimulus Package for Small Business Owners

The package authorizes the Small Business Administration (SBA) to provide small businesses with 100% guarantees for up to $349 billion in loa