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North American Industry Classification System Affiliated-Business Arrangements

Cozen O'Connor

SBA Issues Additional Guidance On Affiliation Rules Under The Paycheck Protection Program

Cozen O'Connor on

As previously reported, the Small Business Administration (SBA), in consultation with the Department of Treasury, has separately issued an interim rule on its affiliation rules and Frequently Asked Questions (FAQs) on the...more

Morgan Lewis

Nonprofits: CARES Act Offers COVID-19 Relief, But Requirements Can Be Complex

Morgan Lewis on

The Coronavirus Aid, Relief and Economic Security (CARES) Act provides economic relief to organizations, including nonprofits, facing financial challenges as a result of the coronavirus (COVID-19) pandemic....more

Shook, Hardy & Bacon L.L.P.

COVID-19 Client Primer | Paycheck Protection Program

The Paycheck Protection Program Under the CARES Act Title I of the recently enacted CARES Act provides for the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP) to assist eligible borrowers with loans...more

Perkins Coie

Small Business Loans and the CARES Act: What PE and VC Investors Need to Know About the SBA’s Affiliation Rules

Perkins Coie on

A key feature of the nearly $2 trillion economic stimulus bill signed into law on March 27, 2020, is the creation of a $350 billion “Paycheck Protection Program” (PPP) to authorize loans to businesses affected by the COVID-19...more

Lewitt Hackman

Frequently Asked Questions Regarding the Paycheck Protection Program

Lewitt Hackman on

As of April 2, 2020 On March 27, 2020, Congress passed and the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which is an approximately $2 trillion stimulus and economic relief...more

Winthrop & Weinstine, P.A.

Paycheck Protection Program: SBA Affiliation Rules

The Coronavirus Aid, Relief and Economic Security Act authorizes $349 billion in forgivable Section 7(a) Small Business Administration (“SBA”) loans under the “Paycheck Protection Program”, to be issued by qualified SBA...more

McGuireWoods Consulting

Coronavirus and Its Impact on Education (Updated)

This memo is a follow up to last week—and the emails you have received from us since—regarding the Coronavirus Aid Relief and Economic Security Act (CARES Act). After days of negotiations and failed votes, the revised “third...more

Tarter Krinsky & Drogin LLP

The Coronavirus Aid, Relief, And Economic Security Act: What It Means For Your Business

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the largest emergency spending measure in U.S. history, has been passed by both houses of Congress and was signed into law by President Trump on March 27,...more

Morrison & Foerster LLP

CARES Act Enacted: Financial Services Provisions

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the third phase of congressional economic relief in response to COVID-19. Among other things, the...more

Morrison & Foerster LLP

Brief Overview of CARES Act Loan Programs

The Coronavirus Aid, Relief, and Economic Security Act (the “Cares Act”), establishes two loan programs intended to provide liquidity to businesses in the United States: (1) the Coronavirus Economic Stabilization Act of 2020...more

Williams Mullen

No Company is an Island – Part 1: Subcontractor Affiliation

Williams Mullen on

Government Contractors often determine that going it alone is not the best business decision. Whether a small business trying to break into a new industry or a large business seeking niche expertise to support a particular...more

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