Businesses and nonprofit organizations that experienced interruptions due to the COVID-19 pandemic may be eligible for relief funds through the North Carolina Department of Commerce and the Economic Investment Committee’s Job...more
North Carolina Gov. Roy Cooper issued an Executive Order on May 30, 2020, that places temporary restrictions on residential and commercial evictions for monetary defaults related to COVID-19 and extends the prohibition on...more
6/2/2020
/ CARES Act ,
Commercial Leases ,
Coronavirus/COVID-19 ,
Eviction ,
Executive Orders ,
Foreclosure ,
Governor Cooper ,
Landlords ,
North Carolina ,
Reasonable Collection Efforts ,
Residential Leases
The Coronovirus Aid, Relief, and Economic Security (CARES) Act has provided relief to many businesses, employees and other stakeholders. One provision benefiting small businesses that has not received as much attention as the...more
On April 2, 2002, the Small Business Administration (SBA) issued an Interim Final Rule, adding to the guidance it issued previously with respect to the Paycheck Protection Program (PPP) contained in The CARES Act, which...more
In order for borrowers to be adequately prepared when the application process begins for Paycheck Protection Program (PPP) loans under the CARES Act Friday, April 3 (for small businesses and sole proprietorships), and Friday,...more
The Small Business Administration (SBA) has released its guidance with respect to the Paycheck Protection Program (PPP) contained in The CARES Act, which authorizes up to $349 billion in forgivable loans to small businesses...more