Update: Information on the Paycheck Protection Program (PPP), Coronavirus Aid, Relief, and Economic Security (CARES) Act, and the Regional Enrichment Centers (RECs)

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed Wednesday, March 26, 2020.The programs and initiatives in the CARES Act that was passed by Congress are intended to assist business owners with whatever needs they have right now.When implemented, there will be many new resources available for small businesses, as well as certain nonprofits and other employers.…