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The Federal “CARES” Act Stimulus Legislation Benefits For Media/Tech Companies

1000 648 David Hoppe

The $2 trillion COVID-19 package includes federally-guaranteed loans and grants for qualifying medium-size and small companies.

For Medium-Size Companies (generally 500 to 10,000 employees), the CARES Act provides loans at a two-percent interest rate, with no payments due for the first six months.

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