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Quick Facts on Federal Corona Virus Stimulus Package for Jewelers |  April 01, 2020 (0 comments)


New York, NY—As many of you know, the Senate passed a $2 trillion economic rescue plan on March 26, 2020 titled the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). This act is meant to offer relief to many Americans affected by the corona virus pandemic and is expected to pass in the House of Representatives and be signed by the President as early as this Friday. Based on a quick review of the Act – which you can read here, the following should be useful to the jewelry industry and is based on resources and information currently available and therefore likely to change. It seems the stimulus package, if passed, will provide the following:

JVC has an extensive free listing of resources to help jewelry companies impacted by COVID-19, ranging from HR questions to insurance to contracts and leasing and much more. Click here to access it.

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