Last Updated 9/15/20, 4:41 p.m.
The Paycheck Protection Program (PPP) was designed to help businesses keep their workforce employed during the COVID-19 crisis. The PPP closed on Aug. 8, 2020. As such, the Small Business Administration is no longer accepting PPP applications from participating lenders.
The CARES Act was signed into federal law on March 27, 2020, and provides emergency relief to workers, families, small businesses, and distressed industries.
This was signed into federal law on March 18, 2020, requires certain employers to provide employees with paid sick leave or expanded family and medical leave for specified reasons related to COVID-19.
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