The Department of the Treasury is moving with unusual speed to issue guidance on several new programs in the CARES Act that are designed to support the business community. Within the past few hours, guidance and application forms have been released by Treasury on the Paycheck Protection Program, Payroll Support to Air Carriers and Contractors, and Loans to Air Carriers and National Security Businesses. Links to Treasury’s guidance and application forms can be found below. The Jones Walker COVID-19 team is available to assist and will provide further updates as they become available.

Overview Link:
Please click here.

Paycheck Protection Program Application:
View the PDF here.

Guidelines and Application Procedures for Payroll Support to Air Carriers and Contractors Link:
Please click here.

Procedures and Minimum Requirements for Loans to Air Carriers and Eligible Businesses and National Security Businesses Link:
Please click here.