On Monday, April 27th, the Federal Reserve announced additional guidance regarding its Municipal Liquidity Facility (the “Facility”), which was first announced on April 9th and was established to buy short-term debt in...more
On Wednesday, March 25, 2020, the Senate passed the Coronavirus Aid, Relief and Economic Security Act or the “CARES Act”, which is expected to be approved by the House of Representatives as soon as Friday, March 27th...more
On Wednesday, March 25, 2020, the U.S. Senate unanimously approved the Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act”. Among other things, the CARES Act amends the Small Business Act to allocate an...more
On Wednesday, March 25, 2020, the Senate passed the Coronavirus Aid, Relief and Economic Security Act or the “CARES Act”, which is expected to be approved by the House of Representatives as soon as Friday, March 27th. As...more
3/27/2020
/ 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
Just before midnight Eastern Time on Wednesday, March 25, 2020, the U.S. Senate unanimously approved the Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act” after releasing the final text of the CARES Act...more
As COVID-19 impacts economies worldwide, the U.S. Federal Government has begun taking unprecedented action to aid the U.S. economy. U.S. small businesses have been one of the key targets of these new actions, as the U.S....more
On March 19, 2020, the Senate Republicans released their proposal for the Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act”, intended to be the “phase three” bill to address the economic impact of COVID-19...more