Client Alert: CARES Act: Support for Small Businesses

This Client Alert discusses certain key provisions of the Paycheck Protection Program and Economic Injury Disaster Loans under the Coronavirus Aid, Relief, and Economic Security Act (“CARES”), which was signed into law on March 27, 2020, and updates our prior Client Alert on this subject. Since the Original Alert was published, the Small Business Administration has issued interim rules that necessitate this updated Client Alert.