Udall, Heinrich: Coronavirus Relief Bill Provides $377 Billion in Small Business Aid, Up to $10 Million Each for Businesses and Non-profits Up to 500 Employees

“Payment Protection” loans can be used for payroll, rent, and utilities and will be forgiven and converted to grants if workers are kept on payroll WASHINGTON – March 29, 2020, U.S. Senators Tom Udall (D-N.M.) and Martin Heinrich (D-N.M.) are highlighting that the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act includesmajor provisions to provide relief to small businesses and non-profits hurt by the coronavirus pandemic and its required public health responses. The bill … Read More