The CARES Act and Small Business Loans
4/3/2020
On March 27, 2020, the President signed the Coronavirus Aide, Relief and Economic Security Act (CARES Act) into law. This relief package is intended to mitigate the negative economic impact on consumers and bolster relief efforts related to the coronavirus. It specifically includes provisions designed to provide aid for employers, including loans for small businesses and tax credits to help cover payroll costs and insurance premiums.
The loan application process begins today