On March 27, 2020, the Coronavirus Aid, Relief, and Economic Stability Act, known as the CARES Act, became law. It is the third piece of federal legislation related to the 2020 coronavirus pandemic and provides approximately $2 trillion in sweeping emergency measures to mitigate the resulting public health and economic crisis facing individuals, families, and businesses. The cornerstone of the CARES Act’s relief package for small businesses is the Paycheck Protection Program (PPP), under which the Small Business Administration (SBA) will guarantee up to $349 billion in small business loans.
- It's in everyone's best interest that our clients and South Dakota's small businesses weather this economic crisis caused by the pandemic. Helping our clients and small businesses get any assistance possible will strengthen our state moving forward.
Please contact Sara Travis at [email protected] to let us know if you'd like us to help. We anticipate that these ten (10) slots will be filled very quickly - so let us know immediately if you'd like us to help.
For more information about the PPP - click here.