COVID-19 CARES Act Loan Programs
CARES ACT FEDERAL LOAN PROGRAMS In response to the COVID-19 outbreak, the U.S. government recently passed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). In addition to expanding the existing Economic Injury Disaster Loan (“EIDL”) program maintained by the Small Business Administration (the “SBA”), the CARES Act also established the Paycheck Protection …