News & Analysis as of

Small Business Administration › Business Interruption

The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA... more +
The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -
Adams and Reese LLP

Before the Storm – Tips on Business Preparation for Hurricane Season

Adams and Reese LLP on

Hurricane season is upon us once again, and if early forecasts are correct, it looks to be a doozy. The National Oceanographic Atmospheric Administration (NOAA) released their early forecast in May with predictions of eight...more

Kohrman Jackson & Krantz LLP

Restaurants Push for More COVID Relief

Kohrman Jackson & Krantz LLP on

Two years ago this week, the country began to shut down due to COVID. Now, thousands of restaurant owners, employees and patrons alike are calling on President Biden to assist in getting another round of restaurant relief...more

Adams and Reese LLP

Disaster Assistance in the Wake of Hurricane Ida: Low-Interest SBA Loans for Businesses and Individuals

Adams and Reese LLP on

As a result of the impacts of Hurricane Ida, federal economic assistance is available to businesses, homeowners, and renters in the parishes of Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville,...more

Proskauer Rose LLP

Front and Center: Latest SVO Grant Numbers (UPDATED)

Proskauer Rose LLP on

The SBA is currently reviewing SVO Grant applications and issuing awards. As of August 2, 2021, the SBA had made decisions on 97% of all applications. SVO Grant program reports, which detail the number of applications...more

Chambliss, Bahner & Stophel, P.C.

Initial PRF Reporting Deadline Extended to September 30; Other New Deadlines Provide

Chambliss, Bahner & Stophel, P.C. on

On Friday, June 11, 2021, the Department of Health and Human Services (HHS) announced four new deadlines for using and reporting on Provider Relief Fund (PRF) distributions. The new guidance was issued through an updated...more

Fox Rothschild LLP

PPP Borrowers Face Risks In Completing SBA Form 3509

Fox Rothschild LLP on

The Small Business Administration is conducting inquiries into some of the loans obtained through the Paycheck Protection Program that seek details about a company’s financial status not only before the loan was requested,...more

PilieroMazza PLLC

Restaurants are Prime Targets for FLSA Lawsuits: 6 Tips for Employers Relying on the Tip Credit

PilieroMazza PLLC on

The COVID-19 pandemic has been particularly difficult for the food and beverage industry.  With stay-at-home orders, operational capacity restrictions, and indoor dining limitations imposed on restaurants and bars across most...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Microbusinesses -UPDATED April 2021 #1

Lowenstein Sandler LLP on

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

Stoel Rives LLP

COVID Relief Update: This Week at the SBA

Stoel Rives LLP on

This week has seen three significant developments relating to Small Business Administration (“SBA”) programs designed to help businesses weather the lingering impacts of COVID-19....more

Lowenstein Sandler LLP

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

Lowenstein Sandler LLP on

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

Cranfill Sumner LLP

Recent Ruling in COVID-19 Business Interruption Coverage Case

Cranfill Sumner LLP on

On March 16, 2021, an order was entered by US District Court Judge Richard E. Myers, II granting Valley Forge Insurance Company’s motion to dismiss pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure. See...more

Brownstein Hyatt Farber Schreck

House Passes PPP Extension Act of 2021

Brownstein Hyatt Farber Schreck on

On March 16, the House passed 415-13 H.R. 1799, the PPP Extension Act of 2021. The bill would extend the Paycheck Protection Program (PPP) loan application deadline to May 31 from March 31 and give the Small Business...more

White and Williams LLP

Good News for the Restaurant Industry – and Perhaps Their Landlords and Lenders

White and Williams LLP on

On March 11, 2021, President Biden signed the American Rescue Plan (the Rescue Plan) into law. The $1.9 trillion package is the third law enacted to aid the economy and struggling Americans as the COVID-19 pandemic continues...more

Hahn Loeser & Parks LLP

Performing Arts Venues, Movie Theaters, And Museums Shuttered By COVID-19 May Soon Apply For Federal Grants

Hahn Loeser & Parks LLP on

Playhouses, music venues, movie theaters, museums, and other live performance spaces that have been largely shuttered for nearly a year as a result of COVID-19 will soon be eligible to apply for grants of up to $10 million...more

Pillsbury Winthrop Shaw Pittman LLP

Preparing Your Personal and Business Insurance Claims

Pillsbury Winthrop Shaw Pittman LLP on

Responding to the Texas Winter Storm Crisis: Issue 1 - The world is witnessing yet another dramatic weather event, this time in the southern states, especially Texas. The severe winter conditions in Texas have caused...more

Katten Muchin Rosenman LLP

PPP 2 LOANS —A Second Opportunity for Eligible Businesses to Obtain Forgivable Loans

Katten Muchin Rosenman LLP on

This advisory summarizes the terms, eligibility and application requirements of the new Payment Protection Program loan (PPP 2 Loans) under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, which...more

Roetzel & Andress

Paycheck Protection Program Second Draw Opens For Small Businesses, Hotels, & Restaurants

Roetzel & Andress on

Signed into law on December 27, 2020, The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act creates a second opportunity for businesses that have utilized the full amount of their First Draw Paycheck...more

Stoel Rives LLP

COVID Relief Bill Includes ITC and PTC Extensions

Stoel Rives LLP on

Congress yesterday passed the “Consolidated Appropriations Act, 2021” (the “Bill”), which, among many other things, extends several energy-related tax provisions, including the production tax credit (“PTC”) under Section 45...more

Wilson Sonsini Goodrich & Rosati

COVID Relief Bill Contains Energy Tax Extenders

Wilson Sonsini Goodrich & Rosati on

On December 21, 2020, lawmakers on Capitol Hill passed a tax extenders package as part of a larger COVID relief bill, the Consolidated Appropriations Act, 2021 (the act). President Trump is expected to sign the act into law...more

Winthrop & Weinstine, P.A.

Approved Federal Stimulus Package Offers Help for Small Businesses

Winthrop & Weinstine, P.A. on

Following intense negotiations in Washington, Congress has finally approved the latest federal stimulus package as part of the Consolidated Appropriations Act, 2021, which is pending the President’s signature as of December...more

Foley & Lardner LLP

New SBA PPP Loan Necessity Questionnaire Is Available Prior To OMB Approval: Are Lenders Jumping the Gun?

Foley & Lardner LLP on

On October 26, 2020, the Small Business Administration (SBA) published notice in the federal register that it is seeking approval from the government’s Office of Management and Budget (OMB) to release two new forms (Form 3509...more

Brownstein Hyatt Farber Schreck

SBA Begins Issuing Loan Necessity Questionnaires to Certain PPP Borrowers

Brownstein Hyatt Farber Schreck on

Last week, the Small Business Administration (SBA) began asking SBA Paycheck Protection Program (PPP) lenders to issue over 50,000 loan necessity questionnaires to borrowers that received $2 million or more in funds from the...more

PilieroMazza PLLC

SBA Issues Guidance for PPP Lenders on Required Consents for Change in Ownership of PPP Borrowers

PilieroMazza PLLC on

On Friday, October 2, the U.S. Small Business Administration (SBA) issued guidance for lenders administering loans under the Paycheck Protection Program (PPP) regarding what involvement by the SBA (if any) is required when a...more

Troutman Pepper

Navigating Adapted Operations Advisory Series: Part Two - Insurance Coverages Concerns and PPP Loan Requirements

Troutman Pepper on

Who Needs to Know - Employers who are reopening (or have already reopened) by bringing employees back to their workplaces. Why It Matters - Bringing a workforce back to the workplace, whether from teleworking,...more

Dickinson Wright

Dickinson Wright COVID-19 Resource Guide

Dickinson Wright on

Dickinson Wright created the COVID-19 Resource Guide as an easy-to-use document for businesses and individuals. We thank our knowledgeable authors and contributors, who provided their time and talent to produce these...more

260 Results
 / 
View per page
Page: of 11
Next »

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide