Robinson+Cole has been tracking government relief programs being offered to help alleviate the economic impact of COVID-19 on businesses in the United States. On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was signed into law. The CARES Act was intended to distribute capital quickly and broadly to help alleviate the economic impact of COVID-19, including relief opportunities for small businesses through programs administered by the Small Business Administration (SBA). Among other things, the CARES Act (a) appropriated $349 billion for small businesses as part of an expansion of the SBA’s Section 7(a) loan program under the Payroll Protection Program (PPP), and (b) appropriated $10 billion for small businesses as part of an expansion of the SBA’s Section 7(b) economic injury disaster loan program (EIDL Program). These initial funding amounts were quickly depleted. In response, the Paycheck Protection Program and Health Care Enhancement Act (Enhancement Act) was signed into law on April 24, 2020. The Enhancement Act provides for a $484 billion economic relief package and, among other things, increases funding to both the PPP and EIDL Program. The information below provides an overview of the Enhancement Act as it relates to the PPP and EIDL Program. For more information on the PPP and EIDL Program, please see our Primer, our FAQ on the PPP, our FAQ on the EIDL Program and our article regarding SBA affiliation rules with respect to the PPP. Robinson+Cole will continue to monitor regulations and guidance on this topic as both become available.