CARES Act Passes: Paycheck Protection Program Provides Financial Relief To Small Businesses
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was enacted. CARES is an economic relief package promulgated in response to the COVID-19 pandemic. The CARES Act provides Federal economic stimulus to small businesses through the Paycheck Protection Program (the “PPP”), a loan program designed to help small businesses keep their […]