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For business with under 500 employees ,and it will consist of 6 weeks of there payroll with a limit of 1540 per employee as log as, the company keeps paying employees for 8 weeks once the loan is received. the IRS will defer 300 billion worth of tax payments for individuals and businesses. corporations can defer up to 10 million of payments owed to the IRS , interest free, for 90, while individuals can defer up to 1 million. The small business administration can issue an estimated of 7 billion in low interest loans. The administration released that small businesses with financial burdens caused by the pandemic that dont have credit available elsewhere can be eligible for loans of up to 2 million with a 3.75 percent interest rate. this is eligible in California.
     
 
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