Local banks working to help small businesses in Meade County

 The Coronavirus Aid, Relief, and Economic Security Act (CARES) allocated $350 billion to help small businesses keep workers employed amid the COVID-19 pandemic. The goal of the program is to keep people off unemployment and keep them employed and working. Some eligibility requirements include having fewer than 500 employees, being an individual who operates as a sole proprietor, or an individual who operates as an independent contractor. This loan program will not only keep businesses functioning, but it will also take a burden off the unemployment system.  The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities. Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neith