Stuart Sorkin

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Stuart Sorkin is the founder of Business & Legal Advisors, specializing in financial and legal protection of business owners and executives.

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Updates about the CARES Act Paycheck Protection Program

On April 2, 2020, the SBA issued new rules on the implementation of Paycheck Protection Program loans, which permits the SBA to guaranteed 100% of 7(a) loans with no personal guarantees or collateral required, under the Coronavirus Aid, Relief, and Economic Security Act (or CARES Act).

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