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On Friday, March 27th, President Trump signed into law the CARES Act. This bill provides significant relief for small businesses, including $349 billion in Small Business Administration (SBA) loan guarantees and subsidies. This new loan program can provide up to $10 million of funding, which may be forgiven if certain criteria are met. So far, there has been very little guidance on the program, but as more details trickle out, more confusion seems to mount.  Jonathan Hightower, Partner, and Kevin Strachan, Partner, with Fenimore, Kay, Harrison & Ford, LLP. will be addressing the new guidance and application issues.  Jonathan also serves as the General Counsel for the Georgia Bankers Association and will provide insight from banks on this hot issue.

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