Financial Assistance Options for Staffing Agencies Under the CARES Act

American Staffing Association (04/06/20)

ASA has published an issue paper addressing various financial assistance opportunities for staffing agencies under the Paycheck Protection Program of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Written by Marc J. Gerson, Esq., member of Miller & Chevalier Chartered, the paper details the PPP’s various requirements and provisions, including loan forgiveness, and describes the application process. The paper also addresses the interaction of PPP loans with CARES Act tax relief provisions, as well as other financial assistance opportunities—including Economic Injury Disaster and Exchange Stabilization Fund loans. ASA Members log in and Read the full story here.