The CARES Act’s Paycheck Protection Program Guide & Checklist
March 30, 2020
The U.S. Chamber Commerce has produced an excellent document detailing the Paycheck Protection Program from the CARES Act. The initiative provides 100 percent federally guaranteed loans to small businesses who maintain their payroll during this emergency.
Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.
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