News & Analysis as of

Small Business Administration Grants

The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA... more +
The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -
Clark Hill PLC

Renewable Energy and Efficiency Grants and Loan Guarantees Available to Agricultural and Rural Small Businesses

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The U.S. Department of Agriculture Rural Business-Cooperative Service is currently accepting applications for the Rural Energy for America Program (“REAP Program”). The REAP Program provides grants, guaranteed loans, and...more

Proskauer Rose LLP

Front and Center: Latest SVO Grant Numbers (UPDATED)

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The SBA is currently reviewing SVO Grant applications and issuing awards. As of August 2, 2021, the SBA had made decisions on 97% of all applications. SVO Grant program reports, which detail the number of applications...more

Smith Debnam Narron Drake Saintsing & Myers,...

Never Fear, The American Rescue Plan Is Here

The Biden administration has hit the ground running with several items on its agenda which impact the employment relationship. On March 12, the American Rescue Plan was passed by Congress and signed into law. This new law...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Releases Program Guide for Restaurant Revitalization Fund Grants

The program guide addresses application requirements and eligibility criteria for prospective grantees as they prepare for the program’s announced May 3 launch. On April 20, 2021, the Small Business Administration (SBA)...more

Baker Donelson

BREAKING: SBA Now Advises Shuttered Venue Operator Grant to Re-Open Monday, April 26

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In response to stakeholder feedback about reopening the Shuttered Venue Operators Grant application this weekend, the U.S. Small Business Administration ("SBA") has now advised that the application portal will re-open Monday,...more

Perkins Coie

SBA Serves Up Guidance for Restaurant Revitalization Fund Grants

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More than a year into the COVID-19 pandemic, the first form of federal relief prepared specifically for restaurants is likely to be delivered soon. Many restaurants have benefited from Paycheck Protection Program (PPP) loans,...more

White and Williams LLP

Good News for the Restaurant Industry – and Perhaps Their Landlords and Lenders

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On March 11, 2021, President Biden signed the American Rescue Plan (the Rescue Plan) into law. The $1.9 trillion package is the third law enacted to aid the economy and struggling Americans as the COVID-19 pandemic continues...more

Arnall Golden Gregory LLP

The $28.6 Billion Restaurant Revitalization Fund – Help for the Hard Hit Restaurant Industry

On March 11, 2021, President Biden signed the American Rescue Plan of 2021. This legislation includes a Restaurant Revitalization Fund (“RRF”) for which Congress has allocated $28.6 billion in program grants for eligible...more

Partridge Snow & Hahn LLP

American Rescue Plan Expands Employee Retention Credits and Provides Relief for Restaurants

On Thursday March 11th President Biden signed into law the American Rescue Plan Act of 2021 (“ARPA”). The law contains provisions to help businesses and individuals recover from economic hardships due to Covid-19. This Client...more

Pillsbury Winthrop Shaw Pittman LLP

Stimulus Bill Offers Much Needed Assistance to the Restaurant Industry

The American Rescue Plan Act establishes a $28.6 billion Restaurant Revitalization Fund to distribute grants of up to $10 million to restaurants and other food and beverage businesses. Eligible restaurants, bars, food...more

Pillsbury Winthrop Shaw Pittman LLP

Congress Appropriates New Funds, Extends Eligibility for Shuttered Venue Operator Grants

The American Rescue Plan Act of 2021 permits Shuttered Venue Operators to apply for both Paycheck Protection Program loans and Shuttered Venue Operator Grants. The American Rescue Plan Act, signed into law on March 11,...more

Davis Wright Tremaine LLP

Restaurant Revitalization Fund FAQs

Who Is an Eligible Entity? A restaurant, food stand, food truck, food cart, caterer, saloon, inn, tavern, bar, lounge, brewpub, tasting room, taproom, licensed facility or premise of a beverage alcohol producer where the...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Issues Eligibility and Application Guidance for Shuttered Venue Grants

Although it has not yet opened the program to grant applicants, on March 5, 2021, the SBA released a detailed overview of eligibility requirements and a preliminary application checklist for prospective grantees On March...more

K&L Gates LLP

SBA Publishes Shuttered Venue Operator Grant Informational Web Page

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On 22 January 2021, the U.S. Small Business Administration (SBA) posted preliminary guidance relating to Shuttered Venue Operator grants (SVO grants). The SVO grant program was enacted by sections 278(d) and 324 of the...more

Pillsbury Winthrop Shaw Pittman LLP

Updates on Shuttered Venue Operators Grant Program

Although the Small Business Administration has not yet opened the program to grant applicants, the agency recently released a series of FAQs that address certain definitions and eligibility criteria for prospective grantees. ...more

Sheppard Mullin Richter & Hampton LLP

The Save Our Stages Act – Time for Eligible Businesses to Get Ready for Their Audition (Part 2 of 2)

This client alert is the second of a two part series concerning the Save Our Stages Act (the “SOS Act”), which became law on December 27, 2020 as Section 324 of the Economic Aid to Hard-Hit Small Business, Nonprofits, and...more

Baker Donelson

New Grant Opportunity for Venue Operators Impacted by the Pandemic

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After much anticipation, the Consolidated Appropriations Act of 2021 was signed into law on December 27, 2020. While funding for vaccination support, the fate of stimulus checks to individuals, and support (or lack thereof)...more

Proskauer Rose LLP

Front and Center: New SBA Grant Program for Shuttered Venue Operators

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The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding, was signed into law on December 27, 2020. Section 324 of Title III of the CAA, the Economic Aid to Hard-Hit...more

White and Williams LLP

Winter COVID-19 Relief Bill: Overview of Key IP and Entertainment Provisions

Congress passed The Consolidated Appropriations Act, 2021 (Act) on December 21, 2020 and the Act was signed into law by President Trump on December 27, 2020. Though titled as COVID relief, the Act includes sweeping changes to...more

Foley & Lardner LLP

Federal COVID Relief Bill passed by Congress - December 2020

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On December 21, 2020, Congress passed a long-anticipated additional round of COVID relief legislation as part of the Bipartisan-Bicameral Omnibus COVID Relief Deal. This relief bill provides much-needed stimulus to...more

ArentFox Schiff

The Risks Are Real: What We Know and Can Predict About CARES Act Financial Fraud Enforcement

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While gearing up to get trillions of dollars into the economy, the government was also setting in place the mechanism to investigate and prosecute fraud related to these programs. The CARES Act was signed into law on March...more

Lowndes

SBA Reopens EIDL Loan and Grant Applications for Disaster Relief

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As of June 15, the Small Business Administration (SBA) again began accepting Economic Injury Disaster Loan (EIDL) and EIDL grant (Grant) applications from qualifying small businesses in addition to agriculture businesses....more

Greenbaum, Rowe, Smith & Davis LLP

Act Fast on New Grants for NJ Small Businesses: Applications Open June 9 for Phase 2 of NJEDA Small Business Emergency Assistance...

The New Jersey Economic Development Authority (NJEDA) has announced that applications for its $50 million Phase 2 expansion of the Small Business Emergency Assistance Grant Program will be available on June 9, 2020 at 9:00am....more

Miller Canfield

COVID-19: Increased Funding for Paycheck Protection Program Loans, Economic Injury Disaster Loans and Emergency Grants

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On April 23, 2020, Congress passed and President Donald Trump is expected to sign into law the “Paycheck Protection Program and Health Care Enhancement Act” (Act) to increase funding for paycheck protection program loans (PPP...more

BCLP

What Businesses and Lenders Need to Know About the CARES Act, SBA Lending, and Loan Forgiveness

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The Coronavirus Aid, Relief, and Economic Security, or “CARES Act” - the third emergency bill that Congress has prepared in response to the Coronavirus (COVID-19) pandemic - is likely to be signed into law by Friday, March...more

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