Apply for the Paycheck Protection Program Today By: Megan Mathias, Founding Partner The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, provides qualifying businesses with forgivable loans to cover payroll and certain costs, known as the Paycheck Protection Program. The Paycheck Protection Program is designed to incentivize employers to keep their workers employed. Generally, if the loan proceeds are used to meet the payroll demands and the ru