Gene Marks, a small business financial expert, gives an overview of how the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act will help businesses with financial assistance through various small business loan programs and other provisions. Learn more about how the SBA Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) program, and other parts of the CARES Act can help your small business.
Note: this video was filmed prior to the passage of the Paycheck Protection Program Flexibility Act, which altered loan forgiveness and other parts of the Paycheck Protection Program
*This video has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for health, tax, legal or accounting advice. You should consult your own health professionals or tax, legal and accounting advisors before implementing any business changes.