The COVID-19 pandemic has changed how and where employees are able to work, and some employers are allowing their employees to continue to work from home despite restrictions lifting. While many revel in this new approach, it...more
The Farm Credit Group here at Nexsen Pruet has compiled the highlights from the Coronavirus Response and Relief Supplemental Appropriations Act (recently passed as part of the Consolidated Appropriations Act of 2021) that...more
The Internet is ablaze with news of the recently passed Coronavirus Response and Relief Supplemental Appropriations Act (Supplemental Act), which is part of the Consolidated Appropriations Act of 2021. Read on for how the...more
Another program launched in the wake of COVID-19 is the Coronavirus Food Assistance Program. This client alert will provide a brief overview of the program. Note that changes to the program are being considered, as the USDA...more
President Trump signed H.R. 7010 – the Paycheck Protection Program Flexibility Act (“PPPFA”) – into law on June 5, 2020. The PPPFA makes several sizable changes to the Paycheck Protection Program (“PPP”). This brief alert...more
On May 19, 2020 during a Senate hearing Federal Reserve Chairman Jerome Powell announced that Federal Reserve anticipates launching the Main Street Lending Program (the “Program”) near the end of May. As a result, media...more
The Small Business Administration has released much-anticipated guidance regarding forgiveness of Paycheck Protection Program (PPP) loans. This client alert is provided on May 26, 2020 and, as all participants in this loan...more
For the many small and mid-size businesses impacted by the coronavirus pandemic, the recent CARES Act and other legislation adopted in earlier March 2020 offers businesses various resources for support to sustain business...more