News & Analysis as of

Grants Paycheck Protection Program (PPP)

Smith Debnam Narron Drake Saintsing & Myers,...

Never Fear, The American Rescue Plan Is Here

The Biden administration has hit the ground running with several items on its agenda which impact the employment relationship. On March 12, the American Rescue Plan was passed by Congress and signed into law. This new law...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Releases Program Guide for Restaurant Revitalization Fund Grants

The program guide addresses application requirements and eligibility criteria for prospective grantees as they prepare for the program’s announced May 3 launch. On April 20, 2021, the Small Business Administration (SBA)...more

Perkins Coie

SBA Serves Up Guidance for Restaurant Revitalization Fund Grants

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More than a year into the COVID-19 pandemic, the first form of federal relief prepared specifically for restaurants is likely to be delivered soon. Many restaurants have benefited from Paycheck Protection Program (PPP) loans,...more

Pillsbury Winthrop Shaw Pittman LLP

Stimulus Bill Offers Much Needed Assistance to the Restaurant Industry

The American Rescue Plan Act establishes a $28.6 billion Restaurant Revitalization Fund to distribute grants of up to $10 million to restaurants and other food and beverage businesses. Eligible restaurants, bars, food...more

Pillsbury Winthrop Shaw Pittman LLP

Congress Appropriates New Funds, Extends Eligibility for Shuttered Venue Operator Grants

The American Rescue Plan Act of 2021 permits Shuttered Venue Operators to apply for both Paycheck Protection Program loans and Shuttered Venue Operator Grants. The American Rescue Plan Act, signed into law on March 11,...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Issues Eligibility and Application Guidance for Shuttered Venue Grants

Although it has not yet opened the program to grant applicants, on March 5, 2021, the SBA released a detailed overview of eligibility requirements and a preliminary application checklist for prospective grantees On March...more

Pillsbury Winthrop Shaw Pittman LLP

Updates on Shuttered Venue Operators Grant Program

Although the Small Business Administration has not yet opened the program to grant applicants, the agency recently released a series of FAQs that address certain definitions and eligibility criteria for prospective grantees. ...more

Sheppard Mullin Richter & Hampton LLP

The Save Our Stages Act – Time for Eligible Businesses to Get Ready for Their Audition (Part 2 of 2)

This client alert is the second of a two part series concerning the Save Our Stages Act (the “SOS Act”), which became law on December 27, 2020 as Section 324 of the Economic Aid to Hard-Hit Small Business, Nonprofits, and...more

Proskauer Rose LLP

Front and Center: New SBA Grant Program for Shuttered Venue Operators

Proskauer Rose LLP on

The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding, was signed into law on December 27, 2020. Section 324 of Title III of the CAA, the Economic Aid to Hard-Hit...more

Foley & Lardner LLP

Federal COVID Relief Bill passed by Congress - December 2020

Foley & Lardner LLP on

On December 21, 2020, Congress passed a long-anticipated additional round of COVID relief legislation as part of the Bipartisan-Bicameral Omnibus COVID Relief Deal. This relief bill provides much-needed stimulus to...more

Fox Rothschild LLP

URGENT: September 1 Deadline Looms For North Carolina Job Retention Grant Program

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Businesses and nonprofit organizations that experienced interruptions due to the COVID-19 pandemic may be eligible for relief funds through the North Carolina Department of Commerce and the Economic Investment Committee’s Job...more

McCarter & English, LLP

Attention Restaurants! Additional Financial Relief Is Coming.

Congress is proposing much-needed relief for restaurants devastated by the COVID-19 pandemic. The foodservice industry employs 10% of the U.S. workforce, and forced closures of restaurants have had a ripple effect on farmers,...more

ArentFox Schiff

The Risks Are Real: What We Know and Can Predict About CARES Act Financial Fraud Enforcement

ArentFox Schiff on

While gearing up to get trillions of dollars into the economy, the government was also setting in place the mechanism to investigate and prosecute fraud related to these programs. The CARES Act was signed into law on March...more

Lowndes

SBA Reopens EIDL Loan and Grant Applications for Disaster Relief

Lowndes on

As of June 15, the Small Business Administration (SBA) again began accepting Economic Injury Disaster Loan (EIDL) and EIDL grant (Grant) applications from qualifying small businesses in addition to agriculture businesses....more

Greenbaum, Rowe, Smith & Davis LLP

Act Fast on New Grants for NJ Small Businesses: Applications Open June 9 for Phase 2 of NJEDA Small Business Emergency Assistance...

The New Jersey Economic Development Authority (NJEDA) has announced that applications for its $50 million Phase 2 expansion of the Small Business Emergency Assistance Grant Program will be available on June 9, 2020 at 9:00am....more

Miller Canfield

COVID-19: Increased Funding for Paycheck Protection Program Loans, Economic Injury Disaster Loans and Emergency Grants

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On April 23, 2020, Congress passed and President Donald Trump is expected to sign into law the “Paycheck Protection Program and Health Care Enhancement Act” (Act) to increase funding for paycheck protection program loans (PPP...more

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