On March 31, the SBA issued guidelines (“SBA Guidelines”) to implement the Paycheck Protection Program (“PPP”) which was a critical part of the recently passed CARES Act.
ICAA Webinar: The CARES Act – Financial Assistance Programs for Contractors Find out how to navigate the new CARES Act (Coronavirus Aid, Relief and Economic Security Act), which establishes several federal government programs to provide financial assistance to businesses with less than 500 employees affected by the Covid-19 pandemic.
The Creation of the Paycheck Protection Program Under the Cares Act, as Well as the Expansion of Other Key SBA Programs, Should Help Small Businesses and Contractors Weather the COVID-19 Storm
As the impact of COVID-19 continues throughout the construction industry, many businesses are finding it difficult to make payroll and pay other essential business expenses.