Eligible Operators Encouraged to Apply for Loans and Grants from the CARES Act

Eligible Operators Encouraged to Apply for Loans and Grants from the CARES Act

From Argentum, April 4, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes more than $350 billion in loans and grants for small businesses with fewer than 500 employees. Argentum encourages eligible operators to complete the application for loans and grants to offset costs associated with the COVID-19 pandemic. We expect these programs to be in high demand, and due to limited funding, it is critical to apply immediately in order to secure access to these funds. We will be working through the next phase of legislation to expand the program to support senior living operators moving forward