News & Analysis as of

Government-Guaranteed Loans Financial Stimulus

Shumaker, Loop & Kendrick, LLP

Client Alert: Only Three Weeks Left (June 1) to Apply for Phase Two of the North Carolina Business Recovery Grant Program

North Carolina is still providing support for businesses impacted by the COVID pandemic. However, time is running short for this latest round of funds. Phase Two of North Carolina’s Business Recovery Grant Program is the...more

Miles & Stockbridge P.C.

CARES Act Summary of Small Business Loan Provisions (as of April 6, 2020)

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (or “CARES”) Act, the largest stimulus in American history (the “Act”). The Act expands eligibility and loosens restraints...more

Latham & Watkins LLP

FAQs: Loan Programs for Larger Businesses Under Title IV of the CARES Act

Latham & Watkins LLP on

US Congress set to make more than $500 billion available to eligible larger businesses. On March 27, 2020, President Donald J. Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act...more

BCLP

Economic Stimulus under the U.S. Coronavirus Economic Stabilization Act of 2020

BCLP on

The Coronavirus Economic Stabilization Act of 2020, Title IV of the Coronavirus Aid, Relief, and Economic Security, or “CARES Act” - the third emergency bill that Congress has passed in response to the novel coronavirus...more

BCLP

What Businesses and Lenders Need to Know About the CARES Act, SBA Lending, and Loan Forgiveness

BCLP on

The Coronavirus Aid, Relief, and Economic Security, or “CARES Act” - the third emergency bill that Congress has prepared in response to the Coronavirus (COVID-19) pandemic - is likely to be signed into law by Friday, March...more

Miller Canfield

CARES Act: Small Businesses

Miller Canfield on

On March 27, 2020, Congress passed and President Donald Trump signed into law the $2.2 trillion "Coronavirus Aid, Relief, and Economic Security Act" (CARES Act) legislation aimed to provide economic relief from coronavirus...more

Tucker Arensberg, P.C.

Keeping American Workers Paid and Employed – Paycheck Protection Program

Tucker Arensberg, P.C. on

The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law by the President on March 27, 2020, and in doing so the largest stimulus and relief package in the history of our country has been...more

Eversheds Sutherland (US) LLP

Obtaining Financial Assistance Under the CARES Act - A Roadmap for US Businesses

The Coronavirus Aid, Relief, and Economic Security Act of 2020 (the CARES Act) offers a range of loans, loan guarantees and other financial assistance to US businesses under a number of programs with different eligibility...more

Benesch

Forgivable Small Business Loans Related to the CARES Act

Benesch on

The CARES Act authorizes the Small Business Administration (“SBA”) to fully guarantee an additional $349 Billion in Section 7(a) loans to small businesses affected by COVID-19. ...more

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