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How The CARES Act Coronavirus Stimulus Package Could Help Your Small Business & Employees

    Erica Seppala
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Erica Seppala

Erica Seppala

Expert Analyst & Reviewer at Merchant Maverick
An expert in accounting, finance, and point of sale, Erica has been researching and writing about all things small-business since 2018. Erica's insights into personal and business finance have been cited in numerous publications, including MSN, Real Simple, and Reader's Digest. She is a graduate of Limestone College.
Erica Seppala
View Erica Seppala's professional experience on LinkedIn.
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Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Marc Metzinger

    Can you tell me the terms of forgiveness on round 2 PPL loans. I am assuming they are forgivable but I have not seen that stated. Assuming the can be forgiven what are the terms?

      Jessica Dinsmore

      Hi Marc,

      Thanks for your question. You can find the round 2 PPP Rules and Requirements in this post. Best!

        Cory Santos

        This bailout (stimulus) package can go a long way to help protect vulnerable employees. This is only true, however, if employers take the government up on their tax credits. If employers are still skittish, they can layoff their employees, which is likely to cause further economic decline.

        For those employers that steer the course, the future looks bright. The tax credits for keeping employees, the outlook for a quick economic bounceback, and the extra cash in American’s pockets mean those businesses who are creative can reap huge financial benefits from a bad situation. I wrote something similar about the situation (from an ordinary American’s standpoint) on our site recently.

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