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Description

In our previous episode, Shanna Tingom explained how the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act will affect individuals.  Today, we take a closer look into how it will affect businesses. We'll cover:

The Economic Injury Disaster  Loan Grant

The Paycheck Protection Program

Which payouts will become loans and which will become grants

More resources available to get more information

Resources:

SBA.gov Loan and Grant Resources

Heritage Financial Website