As many are preparing to submit applications for Small Business Administration (SBA) loans under the Paycheck Protection Program in the CARES Act (the “Program”), the SBA has released guidance in the form of an “Interim Final...more
On March 31, 2020, the Treasury Department and Small Business Administration (SBA) released guidance for prospective borrowers and lenders under the Paycheck Protection Program (the “Program”) created by the Coronavirus Aid,...more
Early on March 25, 2020, the Administration and Senate Republican and Democrat leaders reached agreement on key terms of the proposed Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). Senate passage is...more