COVID-19 Taskforce Insights
The COVID-19 Taskforce blog offers insights regarding guidance on the most pressing business effects from this pandemic.
The COVID-19 Taskforce blog offers insights regarding guidance on the most pressing business effects from this pandemic.
In addition to the $349 billion Paycheck Protection Program (the “PPP”), the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) made $10 billion available to fund disaster relief loans and emergency grants under the Small Business Administration’s existing 7(b)(2) loan program (an “SBA 7(b)(2) loan”) and amended certain rules that apply to 7(b)(2) loans.