The Federal Reserve has announced an extension through December 31 of its lending facilities that were initially scheduled to expire on or around September 30. The lending facilities are geared…
read moreFollowing weeks of speculation and negotiations, the Senate released its latest coronavirus relief package on Monday, July 27, 2020. Dubbed the “HEALS Act”, this $1 trillion GOP economic and stimulus…
read moreThe Federal Reserve has recently announced that the Main Street Lending Program is now available for non-profit organizations seeking COVID-19 relief. On July 17, 2020, final terms were released for…
read moreOn July 4, 2020, a five-week extension of the Paycheck Protection Program (PPP) was officially passed, extending the application deadline to August 8 (previously set to close on June 30). …
read moreOn June 22, 2020, the Small Business Administration (SBA) issued its latest Interim Final Rule, providing borrowers and lenders with additional guidance surrounding the Paycheck Protection Program (PPP) loan forgiveness…
read moreOn Monday, June 15, the Federal Reserve officially launched the Main Street Lending Program, a series of loan facilities aimed at supporting small to medium sized businesses combating the coronavirus…
read moreThe swift passage of the Paycheck Protection Program Flexibility Act (PPP Flexibility Act) of 2020 has brought welcome relief to borrowers who may be nearing the end of the 8-week…
read moreOur day-to-day business models have been drastically disrupted from COVID-19, and as a result, our workplaces may not look the same for quite some time. As businesses begin to plan…
read moreThe Small Business Administration (SBA) issued two Interim Final Rules on Friday, May 22nd. The first of these two Interim Final Rules provides interpretations and clarifications on the requirements governing…
read moreOn May 15, the House passed H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act providing over $3 trillion to federal agencies, state and local governments, small…
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