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Corporate & Securities

30

Mar 2020

The Coronavirus Aid, Relief, and Economic Security Act SBA 7(a) Loans

by ScottHulse
in Community, Corporate & Securities, Legal Updates

Written by Ryan Hoover The Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion plan to respond to the crisis caused by the coronavirus pandemic was signed into law on March 27, 2020. The stimulus package includes loans, tax breaks and direct payments for businesses and individual taxpayers, including $349 billion for Small Business Administration (SBA) loan guarantees and subsidies and additional funding...

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