Congress passed new legislation to extend and relax the loan forgiveness requirements of the Paycheck Protection Program (“PPP”), the federal aid program established by the CARES Act for small businesses affected by the...more
On April 9, 2020, the U.S. Treasury and Federal Reserve Board announced new and expanded lending programs providing up to $2.3 trillion in loans to further support the economy during the coronavirus crisis. ...more
4/15/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Federal Reserve ,
Financial Stimulus ,
Main Street Lending Programs ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief ,
Term Asset-Backed Securities Loan Facility (TALF) ,
U.S. Treasury
The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, was signed into law on Friday March 27, 2020....more
4/6/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Popular ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief