"The CARES Act provides relief for small businesses during COVID-19 and Senator Kelly Loeffler offers explanations on the extent of its power and what's to come.
"Loeffler recommends for any businesses that are struggling to stay afloat during this pandemic, to apply for the CARES Act. The act will provide up to 10 million in forgivable loans to small businesses with under 500 employees.
"She says for businesses with more than 500 employees, she is working with the federal reserve to open new funding facilities where businesses can access capital quickly at low-interest rates."
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