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The Paycheck Protection Program enacted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act provides cash-flow assistance to small businesses via 100% federally guaranteed SBA loans. If employers maintain or restore their payrolls, these loans are eligible for forgiveness.

PPP loans are available April 3, 2020 through June 30, 2020.

Read more here about the CARES Act, and subscribe here for more COVID-19 HR news.

 

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