4/1/20
While the Coronavirus/COVID-19 continues to wreak havoc on the health and welfare of individuals throughout the world, triggering shelter-in-place orders and disruptions to normal supply chains and service client relationships, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was passed by Congress, and signed by President Trump on March 27, 2020, in order…
CARES Act and Paycheck Protection Program
4/1/20
All businesses with 500 or fewer employees, including nonprofits, veterans organizations, Tribal business concerns, sole proprietorships, self-employed individuals, and independent contractors – can apply for loans that may be forgiven. Businesses in certain industries can have more than 500 employees if they meet applicable SBA employee-based size standards for those industries The Department of Treasury…