What is the CARES Act Sec 1101 Maximum Loan Amount?

Question: What is the maximum loan amount available to my small business (<500 employees) under the government rescue package? Answer: The CARES Act provides loans to small businesses up to $10 million. To determine how much your business is eligible for, you must average your monthly payments for the year preceding the loan date forContinue reading “What is the CARES Act Sec 1101 Maximum Loan Amount?”