Understanding the CARES Act for Small Business

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March 30, 2020

by a professional from University of Illinois at Urbana-Champaign - College of Business in 475 Half Day Rd, Lincolnshire, IL 60069, USA

The CARES Act is meant to address the economic fallout of the 2020 coronavirus pandemic in the United States. Here's what we know for small businesses: https://bit.ly/2UvoF35

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Reply by a professional
from University of Illinois at Urbana in 475 Half Day Rd, Lincolnshire, IL 60069, USA
Heather is right - see Section 1112 of the bill's text: https://www.congress.gov/bill/116th-congress/house-bill/748/text#toc-H0137A01952844D9DA9C8FEC2047B490D
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Reply by a searcher
from Harvard University in 1970 Walton Dr, Burlington, WA 98233, USA
Michael - have you seen anything about the "SBA Debt Relief" program where the SBA pays 6 month of principal/ interest on 7(a) loans?
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