Cares Act Legal Counsel

The Coronavirus Aid, Relief and Economic Security Act (CARES Act)

On Friday, March 27, 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses.

Update: Congress recently approved an additional $310 billion in funding to restore the PPP Program, which had run out of money.

Funding Options

In addition to conventional SBA funding programs, the CARES Act created brand-new temporary programs to address the COVID-19 outbreak.

Paycheck Protection Program (PPP)

The Paycheck Protection Program (PPP) is giving small businesses the resources they need to maintain their payroll, bring back laid-off workers, and cover overhead. PPP loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.

EIDL Loan Advance

A loan advance will provide up to $10,000 of economic relief to businesses experiencing temporary difficulties.

SBA Express Bridge Loans

Enables businesses that have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

SBA Debt Relief

The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.

Small Business Guide

The U.S. Chamber of Commerce has issued a step-by-step guide to help small businesses and self-employed individuals check eligibility and prepare to apply for a loan.

Get the SBA Small Business Guide

On-Demand Legal Services ensures you will receive prompt responses to save you time when you need outside legal counsel to service your client’s tax or business matters.

On-Demand Legal Services

Wigg-Maxwell, ESQ. now brings you the legal knowledge that accounting firms and law firms have used for years to save time, increase positive outcomes and get more referrals from satisfied clients.

Schedule a 15 minute call to explore if your firm is a good fit for our On Demand Legal Services.

Request CARES ACT Legal Counsel

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OUR LOCATION

17 Watchung Ave, Suite 203
Chatham NJ, 07928
Phone: 973 – 507 – 9760
Fax: 973 – 559 – 6330
Email: Paul@wiggmax.comRequest Free Consultation