The CARES Act – a Comparison of the Paycheck Protection Program & the Economic Injury Disaster Loan
By: sistoadmin | March 31, 2020
On Friday, March 27th, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act, (CARES Act), a $2 trillion stimulus package to mitigate the impact of the Coronavirus pandemic. For small business owners (defined as less than 500 employees) the CARES Act created the Paycheck Protection Program (PPP), a $349 billion loan … Continue reading The CARES Act – a Comparison of the Paycheck Protection Program & the Economic Injury Disaster Loan