The recently-enacted Coronavirus Assistance, Relief, and Economic Stability Act (the “CARES Act”) expanded the eligibility for the existing Economic Injury Disaster (“EID”) Loan program to small businesses nationally. This updated Alert amends our prior EID discussion to include the impact of CARES on EID loans. The Alert can be found here.
Client Alert: Economic Injury Disaster Loans offered by the Small Business Administration (Updated) – April 3, 2020
