On October 2 the U.S Small Business Association (“SBA”) issued a Procedural Notice outlining the requirements for the closing of change of ownership transactions for those borrowers who have loans under the Paycheck...more
Key Takeaways:
New law adds $100 billion to the Provider Relief Fund created in the CARES Act and provides a total of $200 billion from both laws....more
The Coronavirus Aid, Relief and Economic Security Act, or CARES Act, was passed by Congress and signed into law by the President on March 27, 2020. In addition to programs that are available to businesses, including health...more
The U.S. Small Business Administration has announced that Economic Injury Disaster Loans (“EIDL”s) are now available to small businesses in Connecticut and certain counties in New York, Massachusetts and Rhode Island, that...more