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New CARES Act Funding Approved, Including Additional $310 Billion for Paycheck Protection Program; Increased Scrutiny Expected

On Friday, April 24, 2020, President Trump signed into law the Paycheck Protection Program and Health Care Enhancement Act (the “Act”), which amends the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”)....more

The Paycheck Protection Program in Action: Questions About Loan Application Risks

As previously described in this March 30, 2020 client alert, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “Act”) amends Section 7(a) of the Small Business Act to include a new guaranteed, unsecured...more

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