Paycheck Protection Program and Health Care Enhancement Act

ByJeff Kesselman, Ryan Klein, Bill Peffer, Kenneth Siegel, and Lyle Wallace 

On April 24, 2020, President Trump signed another economic stimulus act titled the “Paycheck Protection Program and Health Care Enhancement Act,” which is an amendment to the “Coronavirus Aid, Relief, and Economic Security Act” or “CARES Act.” This update outlines how the Paycheck Protection Program and Health Care Enhancement Act provides additional money to small businesses seeking disaster relief due to the COVID-19 pandemic through Small Business Administration (SBA) programs.

Read the full advisory HERE.