The new federal stimulus law, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), includes provisions to help provide small businesses with loans. Eligible recipients include small businesses, as well as sole proprietors, self-employed individuals and independent contractors.
These programs become active on Friday, April 3, 2020.
Psychologists suffering financial hardship due to the pandemic may consider one of the programs that were created as part of this stimulus package.
For most psychologists, the application process happens through your bank as explained below. The process may take a few hours.