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The CARES Act’s Paycheck Protection Loan Program for Smaller and Specially Qualified Businesses

On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “Act”). The purpose of the Act is to provide emergency assistance for individuals, families, and businesses affected...more

FAQs on the Paycheck Protection Program (PPP) under the CARES Act for Small Business, Friends and Neighbors

What is a PPP loan? On Friday, March 27, 2020, the President signed the CARES Act into law. The bill provides for $2.2 trillion in emergency aid to ease the financial impact of the COVID-19 crisis, including $349 billion...more

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