News & Analysis as of

SBA Lending Programs Paycheck Protection Program (PPP) Trump Administration

Benesch

Paycheck Protection Program (“PPP”) Loan Fraud: A Survey & Analysis of Recent Civil & Criminal Enforcement Outcomes

Benesch on

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who were suffering the...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Microbusinesses - UPDATED March 2021 #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

Hogan Lovells

Coronavirus: The Hill and the Headlines, January 2021 # 8

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In Washington: The House voted 232-197 to impeach President Trump for a second time on a charge of inciting insurrection over the Jan. 6 siege on the U.S. Capitol that left five people, including a Capitol Police officer,...more

Wilson Sonsini Goodrich & Rosati

New Legislation Updates COVID-19-Related Tax Benefits and Credits

On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (the Act), which updates several previously enacted tax benefits and credits passed in response to COVID-19. In a much-anticipated change,...more

Bass, Berry & Sims PLC

COVID-19 Relief Bill – Extends Paycheck Protection Program and Creates Second Draw Loan Program

Bass, Berry & Sims PLC on

On December 21, the United States Congress passed the Consolidated Appropriations Act, 2021, to fund annual appropriations and, through its “Additional Coronavirus Response and Relief” provisions, to supply a second round of...more

Epstein Becker & Green

False Claims Act Enforcement During the COVID-19 Pandemic and Beyond

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Earlier this summer, Ethan P. Davis, Principal Deputy Assistant Attorney General for the Civil Division of the U.S. Department of Justice (DOJ) delivered remarks addressing DOJ’s top priorities for enforcement actions related...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – May 2020 #18

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In Washington: The House passed (417-1) the Paycheck Protection Program Flexibility Act (H.R. 7010). The bill extends the ability to use the Small Business Administration (SBA) loans from 8 weeks to 24 weeks and changes...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – May 2020 #16

Hogan Lovells on

In Washington - The House will be in session on Wednesday and Thursday and is expected to vote on two bills dealing with the Paycheck Protection Program (PPP) giving small businesses more flexibility in the use of the...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – May 2020 #11

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In Washington: On Friday, the House passed a $3 trillion coronavirus relief bill, “The HEROES Act” (H. R. 6800) with a vote of 208-199.   The legislation included aid for local governments and additional direct payments...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – May 2020 #8

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In Washington: As we reported, House Democrats unveiled their $3 trillion “Phase 4” coronavirus stimulus package, H.R. 6800, the “Health and Economic Recovery Omnibus Emergency Solutions Act” or the “The Heroes Act.”  ...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – May 2020 #7

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In Washington: House Democrats unveiled the text of their massive $3 trillion “Phase 4” coronavirus stimulus package.  H.R. 6800, the “Health and Economic Recovery Omnibus Emergency Solutions Act” or the “The Heroes Act.”  ...more

Pillsbury Winthrop Shaw Pittman LLP

President Trump Signs 4th Stimulus Bill

Latest stimulus reopens SBA emergency loan programs. Latest stimulus bill provides over $300 billion in additional funds for the SBA’s Paycheck Protection Program and Emergency Injury Disaster Loans, allowing the program...more

Akin Gump Strauss Hauer & Feld LLP

COVID-19 Policy Update #12

Congress, Administration Call for Additional Emergency Coronavirus Relief – Differences Remain - In coordination with congressional Republican leadership (and with little advance notice to their Democratic counterparts),...more

Foley & Lardner LLP

Employers Who Inadvertently Violated the FFCRA Have a Short Reprieve – Until April 17

Foley & Lardner LLP on

With the Families First Coronavirus Response Act (“the Act”) a reality, covered employers should remember and take refuge in the DOL’s March 24, 2020, announcement that it will not bring legal action against employers that...more

Coblentz Patch Duffy & Bass

CARES Act: What Companies and Taxpayers Need to Know

On March 27, 2020, Congress approved and the President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, H.R. 748). In addition to the Families First Coronavirus Response Act (FFCRA) upon which we...more

Seyfarth Shaw LLP

Paid Leave and Coronavirus—Part X: Families First Act Updated FAQs and OMB Reviewing Final Regulation

Seyfarth Shaw LLP on

Seyfarth Synopsis: The Families First Coronavirus Response Act (“FFCRA” or the “Act”) goes into effect tomorrow April 1, 2020. As covered employers prepare for the Act’s paid sick time (“PST”) and paid family medical leave...more

Seyfarth Shaw LLP

Seyfarth Policy Matters Newsletter - March 2020 #3

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Senate Passes Historic $2 Trillion COVID-19 Legislation; House to Vote on the Same Tomorrow. As you are well aware, the Senate last night unanimously passed a $2 trillion financial relief package, the Coronavirus Aid, Relief,...more

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