Dane Cornell, Chief Executive Officer; Roman Cornell, President
RE: COVID-19 & CARES Act Update
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As a family owned and privately held business, ABC Companies recognizes the many hardships being put on our industry during this unprecedented time. While we continue work to safeguard our employees, customers and suppliers, we understand the challenge of simply staying abreast of the many changes impacting our business environment. With the funding that has become available through the CARES Act, we want to ensure that our industry and your business receives the share of support it deserves.
Just like you, we are analyzing the specifics of the CARES Act provisions. As detailed documentation becomes available, we encourage you to discuss and investigate the provisions of this Act with your legal, tax and accounting advisors before making any decisions. After our initial analysis, we have identified some areas of the Act we believe may be [...]