Congress has passed a new $2 trillion stimulus law designed to help protect America’s economy during this trying time. The package includes $500 billion in loans and loan guarantees designed to keep American companies in business. And the Federal Reserve has opened new liquidity facilities to support households, businesses, and the US economy. The CARES Act also includes provisions especially for mid-sized employers, those with between 500 and 10,000 employees.
To help explain to us how such companies can access those loans we have an expert from the law firm Steptoe & Johnson, LLC. Matthew Kulkin, Partner in the Washington D.C. office will walk us through these important new programs.
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