Many senior living owners and operators have found that the Payroll Protection Program loan program either provides insufficient support to them or that they are ineligible for PPP loans. PPP loans are sized to only cover...more
Payroll Protection Program loans may not be sufficient to bail out cash-strapped hotel operators. The current limits hold that PPP loans will only fund payroll and other expenses for up to eight weeks (depending on the loan...more
Below is a summary of the Main Street New Loan Facility and the Main Street Expanded Loan Facility, details of which were released by the Federal Reserve this morning. Arent Fox will continue to update, and expand on, this...more