News & Analysis as of

Federal Funding Small Business Administration

Foster Swift Collins & Smith

Should Your Business Sign SBA Form 601 Requiring Non-Discriminatory Hiring Practices?

In 1965, President Lyndon Johnson issued Executive Order 11246 requiring all contractors and sub-contractors working on a project financed by more than $10,000 of federal funding (including Small Business Administration (SBA)...more

Allen Matkins

Significant Changes to the National Environmental Policy Act - 2024 Land Use, Environmental & Natural Resources Update

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As part of the Fiscal Responsibility Act (also known as the debt ceiling bill) in June 2023, Congress made the most significant revisions to the National Environmental Policy Act (NEPA) since the statute was enacted in 1970....more

Clark Hill PLC

Renewable Energy and Efficiency Grants and Loan Guarantees Available to Agricultural and Rural Small Businesses

Clark Hill PLC on

The U.S. Department of Agriculture Rural Business-Cooperative Service is currently accepting applications for the Rural Energy for America Program (“REAP Program”). The REAP Program provides grants, guaranteed loans, and...more

Adams and Reese LLP

Hurricane Ian Federal Disaster Recovery Funding

Adams and Reese LLP on

On September 28, 2022, Hurricane Ian, a catastrophic Category 4 storm with winds topping 140mph and a storm surge of up to 18 feet made landfall on the western coast of Florida near Cayo Costa, Florida. The following day,...more

Ervin Cohen & Jessup LLP

Congress Considers Replenishment of Exhausted RRF Funds

The much anticipated Restaurant Revitalization Fund (RRF) was deluged with applicants. According to Restaurant Dive, more than 362,000 applications were received in the first three weeks of the program for a total of $75...more

Nutter McClennen & Fish LLP

Reviving Our Restaurants: How the American Rescue Plan Act's Restaurant Revitalization Fund Can Help

After a year of devastating challenges for the restaurant industry, the American Rescue Plan Act of 2021 established the $28.6 billion Restaurant Revitalization Fund (“RRF”), a program operated by the U.S. Small Business...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Second Draw Paycheck Protection Program Loans: Answers to Employers’ Frequently Asked Questions

The Consolidated Appropriations Act (CAA), 2021 includes a provision that modified and extended the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). Specifically, Section 311 of the Additional...more

PilieroMazza PLLC

COVID-19 Relief in 2021: What Small Businesses Need to Know

PilieroMazza PLLC on

The recent $900 billion COVID-19 economic relief package is delivering long-overdue help to businesses and individuals. The related legislation, the Consolidated Appropriations Act, provided more than $300 billion in aid for...more

PilieroMazza PLLC

[Webinar] COVID-19 Relief in 2021: What Small Businesses Need to Know - February 2nd, 2:00 pm - 3:00 pm ET

PilieroMazza PLLC on

The recent $900 billion COVID-19 economic relief package is delivering long-overdue help to businesses and individuals. The related legislation, the Consolidated Appropriations Act, provided more than $300 billion in aid for...more

Ervin Cohen & Jessup LLP

Consolidated Appropriations Act: Additional Paycheck Protection Program Loans

Our previous articles have summarized the Paycheck Protection Program (“PPP”) created under the Federal CARES Act: CARES Act: Paycheck Protection Program Loans, CARES Act: Loan Applications, and CARES Act: Loan Forgiveness...more

Gould + Ratner LLP

Congress Passes $900 Billion Relief Act and Revises the PPP

Gould + Ratner LLP on

After months of intense negotiations, Congress passed a new relief bill this week. Assuming President Trump signs the bill, or Congress overrides a veto, it delivers change just in time for the new year. Tucked into the...more

Ballard Spahr LLP

Treasury Publishes Updated FAQs – Coronavirus Relief Fund Payments for State, Local, and Tribal Governments

Ballard Spahr LLP on

The U.S. Department of the Treasury (Treasury) recently updated its frequently asked questions (FAQ) related to the CARES Act. Treasury published the Coronavirus Relief Fund Guidance for State, Territorial, Local, and Tribal...more

Proskauer Rose LLP

A Guide to Compliance Considerations for Health Care Providers - July 2020

Proskauer Rose LLP on

[co-author: Daniel Weinstein] - CARES Act, Payroll Protection, and Medicare Advance Payment Programs - This document was last updated on July 20, 2020 to reflect changes made by the Department of Health and Human...more

Hogan Lovells

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

Hogan Lovells on

In Washington: Congressional leaders will soon name the chair of the coronavirus oversight commission, which was created by the CARES Act to increase transparency and oversight of the coronavirus relief funds.  Retired...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – June 2020 #14

Hogan Lovells on

In Washington: Democrats are pushing to add funding in response to the COVID-19 pandemic and policy changes affecting police departments in next year’s appropriations bills, threatening to further push back the...more

Akin Gump Strauss Hauer & Feld LLP

COVID-19 Policy Update #21

Leaders of Small Business Committee Reach Consensus on Bill to Extend PPP Loan Deadline, Senate Fails to Clear Measure by Unanimous Consent as Phase 4 Negotiations Likely to Dominate June - Bipartisan leaders of the Senate...more

Goodwin

U.S. Paycheck Protection Program Loan Recipients: Risks of Qui Tam Actions under the False Claims Act

Goodwin on

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) established the Paycheck Protection Program (PPP), making available nearly $350 billion in loan funding to small businesses impacted by...more

Alston & Bird

New PPP Funding Ups Ante for Compliance Failure—Audits on the Horizon

Alston & Bird on

The unprecedented nature of the CARES Act grew even more stark last week when Congress appropriated additional stimulus funds to address the COVID-19 pandemic. Our White Collar, Government & Internal Investigations Team...more

Dentons

CARES Act 3.5 - Additional Funding for Paycheck Protection Program and SBA Disaster Loans

Dentons on

The Paycheck Protection Program, originally established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), has provided economic relief to many businesses impacted by the coronavirus. The CARES Act...more

Goodwin

Financial Services Weekly Roundup: April (Liquidity) Showers Bring May Borrower Protection

Goodwin on

In this Issue: Senate Votes to Expand Paycheck Protection Program; FHFA (Finally) Addresses Liquidity Concerns for Mortgage Servicers. Yesterday, the U.S. Senate unanimously passed legislation providing $484 billion in...more

Miller Canfield

COVID-19: Increased Funding for Paycheck Protection Program Loans, Economic Injury Disaster Loans and Emergency Grants

Miller Canfield on

On April 23, 2020, Congress passed and President Donald Trump is expected to sign into law the “Paycheck Protection Program and Health Care Enhancement Act” (Act) to increase funding for paycheck protection program loans (PPP...more

Skadden, Arps, Slate, Meagher & Flom LLP

Financial Relief Under the CARES Act for US-Incorporated Subsidiaries of Foreign Companies

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, or Act) was signed into law. The Act provides much-needed financial relief to businesses in the United States. While most of the aid is...more

Mintz - ML Strategies

What You Need to Know: State and Federal Updates Related to COVID-19

Mintz - ML Strategies on

...On Monday, House Speaker Nancy Pelosi, Majority Whip James Clyburn, Transportation & Infrastructure Committee Chairman Peter DeFazio, and Energy & Commerce Committee Chairman Frank Pallone held a press conference on a...more

Tucker Arensberg, P.C.

Keeping American Workers Paid and Employed – Paycheck Protection Program

Tucker Arensberg, P.C. on

The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law by the President on March 27, 2020, and in doing so the largest stimulus and relief package in the history of our country has been...more

Eversheds Sutherland (US) LLP

Obtaining Financial Assistance Under the CARES Act - A Roadmap for US Businesses

The Coronavirus Aid, Relief, and Economic Security Act of 2020 (the CARES Act) offers a range of loans, loan guarantees and other financial assistance to US businesses under a number of programs with different eligibility...more

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