On April 21, 2020, the U.S. Senate overwhelmingly approved the ‘‘Paycheck Protection Program and Health Care Enhancement Act’’. Among other things, this emergency legislation adds an additional $310 billion in funding for...more
On April 2, 2020, the Small Business Administration (SBA) issued its Paycheck Protection Program (PPP) Interim Final Rule, which makes some key changes to the implementation of the PPP program announced in Sections 1102 and...more
Among the many significant provisions of the Coronavirus Aid, Relief and Economic Security Act (CARES Act), signed into law on March 27, 2020, are the paycheck protection program and the terms and conditions for loan...more
As a part of New Jersey’s emergency package of legislation designed to address the COVID-19 pandemic, Governor Phil Murphy recently signed in law Assembly Bill A3845, which authorizes the New Jersey Economic Development...more