April 01, 2020
Loans Under the CARES ACT: What Wisconsin Small Businesses Need to Know
In his article, Jeremy Klang of Schober, Schober & Mitchell S.C. summarizes the basic points a small business loan program under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
To combat the potentially catastrophic effects of sudden economic downturn for businesses and their employees, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act (also known as the CARES Act) into law on March 27, 2020.
The CARES Act, which more than 880 pages, applies to small businesses in the form of small business loans through the Paycheck Protection Program.
In his article, “Loans Under the CARES ACT: What Wisconsin Small Businesses Need to Know,” Jeremy Klang of Schober, Schober & Mitchell S.C. summarizes the basic points of how this loan program works for small businesses.
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