Coronavirus Aid, Relief and Economic Security Act (CARES Act)

A Message from Wade Pack, Managing Partner

The U.S. Senate passed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) last night and the U.S. House is expected to pass this legislation soon. This is Phase 3 of our government’s response so far to the COVID-19 crisis and I want you to know that here at BRC we are constantly monitoring the changing landscape as we all continue to deal with the crisis and its impacts.

BRC is continuously looking for additional ways to support our people, our clients and our communities. One such opportunity in the recently passed legislation includes loan programs through the Small Business Administration (SBA) to help provide much-needed relief for small businesses, their owners and employees. Please see the attached links for further information on how to apply for the loans through the SBA:

Additionally, I want you to know that BRC has formed a CARES Act team. This team is going to break up the various topics in the legislation, determine what is of most significance to our clients, and pull together further news blasts to send out to you, our valued clients over the coming days/weeks. The bill is 880 pages and covers a wide-range of topics and its impacts are going to be far reaching. In the meantime, please reach out to anyone here at BRC for any assistance you may need.

I hope that you, your families and everyone at your organization stay safe and well.

Best regards, Wade.