FWW Alert: Paycheck Protection Program Under the CARES Act

3/30/2020

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act").  The CARES Act provides financial relief in an amount up to $2 trillion to states, municipalities, individuals, and businesses in response to the economic fallout from the fast-developing coronavirus (COVID-19) pandemic.  The CARES Act also provides direct financial aid to American families, payroll and operating expense support for small businesses, and loan assistance for distressed industries.

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