The Consolidated Appropriations Act, 2021 (H.R. 133-116) added $900 billion in stimulus relief to the spending packages dedicated to fighting the economic woes wrought by the COVID-19 pandemic. Title III of Division M of the...more
On October 8, 2020, the US Small Business Administration (SBA) issued another Interim Final Rule under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This Rule provides immediate relief in the form of a...more
Now that the day of reckoning has come – SBA has opened the portal and some banks are beginning to process and submit completed PPP forgiveness applications – what can you do to try to make the process easier for your lender...more
Federal Reserve Board program announced April 9, 2020:
- Intended to assist small and medium sized businesses deal with the economic fallout caused by the COVID-19 pandemic...more
On May 13, 2020, the United States Small Business Administration (SBA), in consultation with the United States Treasury, released FAQ 46 to provide guidance as to how SBA will be reviewing the certifications that all...more
The CARES Act went into effect on Friday, March 27, 2020. The following outline summarizes the Paycheck Protection Program under Title I, Keeping American Workers Paid and Employed Act. The Administrator of the U.S. Small...more
3/31/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
The impact of the novel Coronavirus (COVID-19) is being felt throughout every sector of our society. Mandated government quarantines and temporary business closures, work-from-home requirements, shelter-in-place orders,...more