Late Friday, March 27, 2020, the Federal Government passed the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. This $2 trillion stimulus package allocated $350 billion specifically to help nonprofits like yours.
Things are moving quickly, and PBPO wants to ensure our nonprofit friends are up to date and ready to respond to take advantage of the stimulus package. This article provides an overview of the Paycheck Protection Program and the Economic Injury Disaster Loan options available to your organization as well as a list of other resources to aid your organization.