Category Archives: SBA

The CARES Act Paycheck Protection Program

Jacobowitz and Gubits, LLP March 30, 2020 The Coronavirus Aid, Relief, and Economic Security (CARES) Act Paycheck Protection Program will likely be one of the more popular programs included in the federal stimulus bill that was just signed into law. Congress wants to help small business employers maintain high employment by offering loans from Small […]

The CARES Act: What Employers Need to Know About the Historic Stimulus Package

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On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, intended to stimulate the national economy in the wake of the COVID-19 pandemic. The bill would provide $2 trillion in direct financial assistance to Americans, ease access to loans and other economic assistance to businesses of all […]

Paycheck Protection Program, SBA Loan Program Expanded in CARES ACT

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On March 27, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law, providing an unprecedented level of emergency assistance for individuals, families and businesses affected by the coronavirus epidemic. The legislation includes a new loan program – the Paycheck Protection Program administered through the SBA – that provides up to $349 billion […]