US included a payroll protection program (PPP) in the CARES act last month, which pays for payroll for small businesses with some forgiveness provisions. The forgiveness terms are very roughly summarized as, "don't lay anyone off and the government will cover 8 weeks of wages for anyone making less than $100k / yr". News this week is that a second round of funding will go out for the program.
The total funding was barely enough to cover 1 million small businesses, and there are close to 30M in the USA that are affected in some way by this pandemic. The second round of funding was just passed but the pace is too slow.
Most small companies will be bankrupt within 3 months without any cash flow.
