The pandemic took a toll on all asset classes in the past two years, and infrastructure is no exception. According to the ASCE, airports (which lost an estimated US$23.3 billion in revenue), roads (revenue from the federal...more
The global pandemic has not dampened enthusiasm for infrastructure investment in the US. Investors and developers are looking to increase their stakes in multiple sectors and states -
Despite the volatility of the past 18...more
On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “Act”). The purpose of the Act is to provide emergency assistance for individuals, families, and businesses affected...more
One of the most highly anticipated elements of relief in the CARES Act is the partially forgivable payroll protection loan for small business....On April 2, 2020, the US Small Business Administration (SBA) issued interim...more
What is a PPP loan?
On Friday, March 27, 2020, the President signed the CARES Act into law. The bill provides for $2.2 trillion in emergency aid to ease the financial impact of the COVID-19 crisis, including $349 billion...more