To help VARs and ISVs better navigate the CARES Act (Coronavirus Aid, Relief, and Economic Security Act), RSPA Legal Counsel Bob Goldberg has provided a section-by-section overview of the new law. The CARES Act is a $2 trillion aid package designed to provide economic relief to businesses and individuals impacted by the COVID-19 pandemic.
Goldberg’s 35-page document highlights important sections from the nearly 900-page law including:
- Paycheck Protection Program
- Entrepreneurial Development
- Loan Forgiveness
- Emergency EIDL Grants (Economic Injury Disaster Loans)
- Pandemic Unemployment Assistance
- Financing of Short-Time Compensation Agreements
- Employee Retention Credits for Employers
Follow this link to access the document:
CARES Act Section-by-Section Overview