IFA Letter to SBC & HSBC - CARES Act Clarifications

U.S. Capital building

Letter to Chairs Rubio and Velázquez and Ranking Members Cardin and Chabot of the U.S. Senate and House of Representatives regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act, detailing how the Act can achieve its intended outcome and have maximum impact. This letter urges the Chairs and Ranking Members to confirm the eligibility of the franchised businesses in the Paycheck Protection Loan program.