President Trump Signs $2 Trillion Coronavirus Rescue Package into Law
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) offers relief to state and local governments, individuals, small and large businesses, and hospitals affected by the coronavirus crisis. The following are three documents the AVMA has prepared.
- Highlights of the FFCR Act and the CARES Act.
- Section by Section Analysis of portion of the CARES Act most relevant to veterinary practice
- FAQ on Small Business Loans
AVMA is working quickly to get information out to the community on how the new law can bring relief. Visit the AVMA website to see materials developed to date. Submit questions on the CARES Act or the Families First Coronavirus Act to [email protected]; these will inform a FAQ document to follow.
The CARES Act includes opportunities for small business loans for payroll protection in companies under 500 employees. Call your CPA, attorney and/or lender to inquire how you might receive this assistance.
Posted March 27, 2020