The economic impact of the coronavirus pandemic and recovery is expected to continue for months and, potentially, years to come. As congress attempts to save different areas of the economy, everyone in the linen, uniform and facility services industry should be aware of the many resources available to aid them in that recovery.

PPP & OTHER SBA LOAN OPTIONS

The Coronavirus Aid, Relief and Economic Security (CARES) Act lifted the Tax Cuts and Jobs Act (TCJA) restriction that limited the deduction of business interest from 30% of adjusted taxable income to 50%—at least for 2019 and 2020. While there ...