Coronavirus, Aid, Relief, and Economic Security Act-Businesses
President Trump signed the law on March 27, 2020 in order to provide economic support to individuals and businesses during the economic downturn related to COVID-19. While there are a few helpful provisions in this new legislation, the most beneficial to small businesses is the creation of the Payment Protection Program that will be administered under the Small Business Administration as an extension of the 7(a) loan program. While this loan program is fairly complex, what