Time is of the essence for businesses to apply for relief from the Paycheck Protection Program. Jackson Walker finance partners Lindsey Berwick and John Wittenberg join hosts Art Cavazos and Daniel Maldonado to discuss the...more
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides emergency economic stimulus to small businesses and certain eligible recipients in response to the economic distress caused by the COVID-19 pandemic. The...more
8/21/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal Reserve ,
Interest Rates ,
Lenders ,
Loan Applications ,
Loan Forgiveness ,
Main Street Expanded Loan Facility ,
Main Street Lending Programs ,
Main Street New Loan Facility ,
Main Street Priority Loan Facility ,
Nonprofit Organization Expanded Loan Facility (NOELF) ,
Nonprofit Organization New Loan Facility (NONLF) ,
Payment Terms ,
Small Business Loans ,
Terms and Conditions ,
Transaction Fees ,
U.S. Treasury
While the deadline to apply for a Paycheck Protection Program (PPP) loan has passed, an August 8th extension is en route to President Trump for his signature. Since the program's implementation in April, the Small Business...more
7/2/2020
/ Borrowers ,
Coronavirus/COVID-19 ,
Loan Applications ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Proposed Legislation ,
SBA ,
Small Business ,
Small Business Loans ,
Time Extensions ,
Trump Administration
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 23, 2020, to provide emergency economic stimulus to small businesses and certain eligible recipients in response to the economic...more
4/30/2020
/ CARES Act ,
Civil Liability ,
Coronavirus/COVID-19 ,
Criminal Liability ,
Eligibility ,
Enforcement Actions ,
Interim Final Rules (IFR) ,
Loan Applications ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program and Health Care Enhancement Act ,
Recordkeeping Requirements ,
Safe Harbors ,
Small Business ,
Small Business Loans