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Daily Archives: March 31, 2020

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CARES Act FAQ: Paycheck Protection Program

Covid-19By TrustHRCMarch 31, 2020Leave a comment

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economics Security (CARES) Act. The historic $2.2 trillion stimulus bill includes a $349 billion paycheck protection program (PPP) that targets aid to small businesses dealing with losses resulting from the coronavirus pandemic. The PPP uses the already-existing small-business loan framework of the Small Business…

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CARES Act Summary Coronavirus Relief: Phase Three

Covid-19By TrustHRCMarch 31, 2020Leave a comment

On March 27, 2020, President Trump signed into law a sweeping $2.2 trillion stimulus package designed to abate the economic damages caused by the coronavirus (COVID-19) pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES) Act is the third piece of legislation crafted to address the economic havoc being created by COVID-19. The bill contains…

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