The Coronavirus Aid, Relief, and Economic Security Act (CARES Act)Summary of Relief for Small Business

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The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), a $2 trillion economic stimulus package, was signed into law on March 27, 2020 and is meant to provide emergency economic relief to businesses and individuals impacted by the coronavirus pandemic. The new legislation includes several policies and programs intended to benefit small businesses, including emergency lending programs, grants, and tax relief. Within the linked PDF is a summary of the relief for small businesses provided by the CARES Act.

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