COVID-19: Recap of the CARES Act
March 27, 2020
With both the Senate and the House having passed the $2.2 trillion CARES Act and the President indicating that he will sign it, we thought you would like an advance look at what this mammoth piece of legislation includes. While we are insurance brokers and consultants, you have the trust in us to reach out about things that are not solely insurance-related. An example are the numerous questions we have been asked about the SBA Small Business Loan/Grant Program which is a part of the CARES Act. As such, we have gone about trying to find the very best source for all of us to rely upon when trying to understand how this legislation will impact us in this time of crisis. That search led us to the law firm of Steptoe & Johnson, LLP who has prepared an excellent synopsis of the CARES legislation. Please click here to view the synopsis.
We will continue to find ways to be your trusted advisor and your source for high quality materials that will give you the information you need to manage your business in these trying times.
For additional COVID-19 resources and risk management recommendations, please visit our COVID-19 Risk Management Center.
A PDF of the above information can be found here.