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A Q&A on the new US Treasury’s Paycheck Protection Program and how craft breweries can leverage those federally-guaranteed loans
The United States Treasury announced details for the Paycheck Protection Program authorized under the CARES Act signed into law on March 27, 2020. For small businesses in the United States, these provisions are the most critical components of the CARES Act because it provides $349 billion in federally-guaranteed loans under the Small Business Administration’s (“SBA”) 7a program. The loan is intended to help small businesses retain employees and pay for other allowed expenses.
Via Craft Brewing Business
The United States Treasury announced details for the Paycheck Protection Program authorized under the CARES Act signed into law on March 27, 2020. For small businesses in the United States, these provisions are the most critical components of the CARES Act because it provides $349 billion in federally-guaranteed loans under the Small Business Administration’s (“SBA”) 7a program. The loan is intended to help small businesses retain employees and pay for other allowed expenses.
Via Craft Brewing Business