Although control and leadership of the US House of Representatives did not change hands as a result of the 2020 elections, President Joe Biden’s victory and the Democrats’ Senate runoff victories in Georgia are already having...more
3/30/2021
/ CARES Act ,
Climate Change ,
Congressional Committees ,
Congressional Investigations & Hearings ,
Economic Injury Disaster Loans ,
Financial Institutions ,
Financial Services Industry ,
Financial Stimulus ,
Fossil Fuel ,
Hospitals ,
Nursing Homes ,
Paycheck Protection Program (PPP) ,
Personal Protective Equipment ,
SBA
The COVID-19 relief bill opens the door to new aid for small businesses under the Paycheck Protection Program (PPP). This is welcome news to small businesses throughout the country, but—as detailed below—there are significant...more
12/28/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Federal Loans ,
Loan Forgiveness ,
New Legislation ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
Small Business ,
Small Business Loans ,
Trump Administration
The Small Business Administration (SBA) has released two loan necessity questionnaire forms (Form 3509 for for-profit borrowers and Form 3510 for nonprofits) for lenders to transmit to certain Paycheck Protection Program...more
The Senate has approved a nearly $2 trillion legislative package, its third emergency supplemental bill in response to the coronavirus pandemic, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Among...more
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is currently under negotiation in the US Senate. As written, the CARES Act would provide significant relief for small businesses, including $300 billion for Small...more