According to Sen. Schatz’s guide, “Employers are eligible if they have been fully or partially suspended as a result of a government order, or they experience a 50% reduction in quarterly receipts as a result of the crisis. For employers with 100 or fewer full-time employees, they may claim a credit for wages paid to all of their employees, up to $10,000 a person. For employers with more than 100 employees, they may claim a credit for those employees who are furloughed or face reduced hours as a result of the employer’s closure or economic hardship."
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March 29, 2020 at 07:40AM
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Here’s a guide for small businesses in need of federal aid under the CARES Act - Hawaii News Now
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