SBA’s Paycheck Protection Program For Small Businesses Affected By The Coronavirus Pandemic Launches
The U.S. Small Business Administration has launched the Paycheck Protection Program, a $349 billion emergency loan program created last week with the President’s signing of the Coronavirus Aid, Relief, and Economic Security Act. The program provides forgivable loans up to $10 million to small businesses left financially distressed by the Coronavirus pandemic. The loans, which will be administered