Freeman &
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Posts Tagged ‘sba loan’

Paycheck Protection Loans

On Friday, March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which creates loan programs to assist small businesses during COVID-19-related mandated closures. One such loan can be obtained via the Paycheck Protection Program (PPP). The Paycheck Protection Program is based on the SBA’s already existing 7(a) loan…

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