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PPP Redux: What’s New for 2021 in the SBA Loan Program

On December 27, 2020, the Consolidated Appropriations Act, 2021 (“the Act”), was signed into law. The new law both funded the U.S. government for the remainder of FY 2021 and made available a wide range of COVID-19 relief...more

Significant Expansion of $600 Billion Main Street Loan Programs for Small- and Medium-Sized Businesses

On April 30, 2020, the Federal Reserve (the Fed) announced the expansion in scope and eligibility of its forthcoming Main Street Lending Program (MSLP). The expansion comes in response to public comment on the MSLP as...more

Federal Relief Package Includes $350 Billion for Small Business – Here Are the Details

The United States Senate passed H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) late in the evening of Wednesday, March 25. The House of Representatives is expected to consider and pass the...more

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