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Though small businesses are defined under the CARES Act as those with fewer than 500 employees, Title IV of the Act offers relief to certain employers that surpass the 500-employee threshold. For specified industries, states and municipalities that have experienced significant losses, this portion of the CARES Act authorizes significant funding in the form of loans, loan guarantees, and investments.

 


To provide guidance and support to clients as this global public-health crisis unfolds, Frost Brown Todd has created a Coronavirus Response Team. Our attorneys are on hand to answer your questions and provide guidance on how to proactively prepare for and manage any coronavirus-related threats to your business operations and workforce.