News & Analysis as of

Good Faith Nonprofits

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs for Nonprofits - UPDATED March #3

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Nonprofits - UPDATED March 2021

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Pillsbury Winthrop Shaw Pittman LLP

COVID-19 Relief Act Provides Grants for Shuttered Venue Operators Hard-Hit by the Pandemic

New COVID-19 Relief Act provides funding for a wide array of eligible persons and entities: live venue operators or promoters, theatrical producers, live performing arts organization operators, museum operators, motion...more

Cole Schotz

PPP Alert: SBA Issues Loan Necessity Questionnaires

Cole Schotz on

The U.S. Small Business Administration (the “SBA”) is requiring lenders to obtain completed “economic need” questionnaires (the “Questionnaire”) from Paycheck Protection Program for-profit and nonprofit borrowers (“PPP...more

Hahn Loeser & Parks LLP

SBA Releases Loan Necessity Questionnaires For PPP Loans In Excess Of $2 Million

The U.S. Small Business Administration (“SBA”) has released two Loan Necessity Questionnaires – one for for-profit businesses, the other for nonprofits – for recipients of Paycheck Protection Program (“PPP”) loans of $2...more

Poyner Spruill LLP

Corridors Fall 2018 - News for North Carolina Hospitals

Poyner Spruill LLP on

Recent Decision Highlights Potential Personal Liability of Hospital Directors Based on Breach of Fiduciary Duty - In a recent case, a federal bankruptcy court in Michigan reviewed important questions involving breach of...more

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