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ESOPs Included in Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) for Economic Injury Disaster Loans (EIDLs)

Posted by Marc S. Schechter | Apr 01, 2020 | 0 Comments

ESOPs are included in Section 1110 of Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) for economic injury disaster loans (EIDLs) of $10,000. Click here to read full text of the CARES Act. For more information on how to apply for the EIDL program through the Small Business Administration (SBA), click here.

About the Author

Marc S. Schechter

Marc Schechter specializes in the areas of employee benefits, ERISA, and business matters.

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