The federal CARES Act makes available two new forms of aid for small businesses

Posted on Fri, 3 Apr 2020 - 00:00
The federal CARES Act makes available two new forms of aid for small businesses
The federal CARES Act makes available two new forms of aid for small businesses

The Paycheck Protection Program (PPP) allows businesses to borrow up to 2.5 times monthly payroll expenses up (to a max of $10 million) and is forgivable in proportion to how much staff are kept on pa…