Latest Clarifications on Applying for a “Paycheck Protection Program” Loan
THE LOAN PROGRAM IS OPERATIONAL Implementation of the Paycheck Protection Program (PPP), established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has begun. Quite a few employers have applied to financial institutions for this loan and have been accepted into the program. Some of Cardinal’s employers have even already been approved for their PPP loans. UPDATED CLARIFICATIONS The Small Business Administration [SBA] is addressing some of the issues that have surfaced during […]