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Federal Loans Office of Management and Budget

Holland & Knight LLP

Executive Order on DOGE Cost Efficiency: Major Changes in Federal Contracts and Grants

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The Trump Administration issued an executive order (EO) on Feb. 26, 2025, implementing the U.S. Department of Government Efficiency's (DOGE) "cost efficiency initiative" that seeks to transform federal spending on contracts,...more

Womble Bond Dickinson

OMB Rescinds Federal Funding Assistance Freeze Memo; Uncertainty Still Surrounds Certain Programs

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On January 29, the Office of Management and Budget (OMB) announced that it had rescinded its earlier memo, issued on January 27, which ordered a temporary pause on certain federal grant and loan disbursements, creating...more

Lowenstein Sandler LLP

Paycheck Protection Program Round 2: FAQs For Nonprofits - June 2021

The Paycheck Protection Program closed on May 28, 2021. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs for Nonprofits - UPDATED March #3

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Nonprofits - UPDATED March 2021 #2

Lowenstein Sandler LLP on

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

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