This week has seen three significant developments relating to Small Business Administration (“SBA”) programs designed to help businesses weather the lingering impacts of COVID-19....more
4/2/2021
/ Biden Administration ,
Business Interruption ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Restaurant Industry ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
The American Rescue Plan Act of 2021 (the “Act”), signed by President Biden on March 11, 2021, includes within Section 5003 a $28.6 billion appropriation to establish a Restaurant Revitalization Fund (the “RRF”) to provide...more
On July 9, USDA announced that new eligible commodities will be added to the Coronavirus Food Assistance Program (“CFAP”), which was first opened on May 26. USDA will continue to accept applications for aid through August...more
On May 19, the USDA issued a final rule governing the eligibility of agricultural producers for the $16 billion of direct federal aid available through the Coronavirus Food Assistance Program (“CFAP”), which was first...more