Paycheck Protection Program

COVID-19 Updates

The Coronavirus Aid, Relief, and Economic Security (CARES) Act is expected to infuse approximately $2.2 trillion into the U.S. economy. The CARES Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.

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