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CARES Act Summary: Expanded Access to Capital for Businesses

PAYCHECK PROTECTION PROGRAM - The CARES Act increases the federal guarantee of loans made for the Payment Protection Program under section 7(a) of the Small Business Act to 100 percent through December 31, 2020....more

SBA Provides Underwhelming Guidance on PPP as Small Businesses Rush to Apply

Late Thursday, April 2, the Small Business Administration (“SBA”) released a highly anticipated Interim Final Rule and a new form of borrower application for the Paycheck Protection Program which was established as part of...more

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