On Thursday March 11th President Biden signed into law the American Rescue Plan Act of 2021 (“ARPA”). The law contains provisions to help businesses and individuals recover from economic hardships due to Covid-19. This Client...more
On December 21, 2020, Congress passed an approximately $900 billion coronavirus relief bill, the largest since the CARES Act was enacted in March. If signed into law, a portion of the bill labeled the “Economic Aid to...more
On December 21, 2020, Congress passed an approximately $900 billion coronavirus relief bill, which, if signed into law, would extend certain unemployment insurance (UI) provisions found in the CARES Act that was passed in...more
United States Senate and House leaders have reached an agreement on an approximately $900 billion relief bill in response to the ongoing COVID-19 pandemic. If passed, this would be the largest relief package since Congress...more
12/21/2020
/ Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Eviction ,
Federal Funding ,
Federal Loans ,
Financial Stimulus ,
Moratorium ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Rent ,
Small Business ,
Small Business Loans ,
Unemployment Benefits
Governor Gina Raimondo has announced a Coronavirus Relief Fund grant program for Rhode Island businesses affected by Executive Order 20-95, which requires an early shutdown for certain bars and restaurants. Under the...more
On July 15, 2020, Rhode Island Governor Gina Raimondo announced a new small business grant program to be administered through Rhode Island Commerce. The “Restore RI” grant program will initially be funded with $50 million,...more
The Senate has passed legislation (H.R. 7010) providing more flexibility to recipients of loans under the Paycheck Protection Program (PPP). The legislation already passed the House and now just awaits President Trump’s...more
On April 28, 2020, the U.S. Small Business Administration released a supplemental Interim Final Rule that answered some of the questions being asked by many Paycheck Protection Program (PPP) loan applicants and stakeholders....more
On April 21, 2020, the U.S. Senate passed a bill that would amend the Coronavirus Aid, Relief and Economic Security Act (CARES Act) by providing approximately $480 billion in additional funding to combat COVID-19.
The new...more
4/22/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
Health Care Providers ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business