The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) makes important changes to the Small Business Administration (SBA) Economic Impact Disaster Loan (EIDL) program and creates the Paycheck Protection Program...more
The CARES Act (the “Act”), as passed by the Senate and the House, includes the creation of a new Small Business Administration (SBA) 7(a) loan program called the Paycheck Protection Program (PPP). As drafted, PPP would enable...more