PPAI
CARES Act: What Small Businesses Need To Know
Recorded On: 04/13/2020
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Are you a small business owner? This is the session you need to stay up to speed with the CARES Act for your promo industry business.
H.R. 748, named the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is intended to help businesses mitigate their Coronavirus-related losses. With a total value of $2 trillion, the legislation authorizes federal funding for states, companies, individuals, and other entities adversely affected by the Coronavirus pandemic, and expands the eligibility criteria for the relief programs. This law has significant implications for the promotional products industry. It provides disaster relief for industry companies, including deferred tax payments, loans with forgiveness options, and direct payments to businesses and individuals. Join this session as Cory Halliburton, Cliff Andrews, Maurice Norris and Anne Stone discuss the law and the promo industry.
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