Covid-19 Information Hub

Another COVID-19 stimulus package is in the works on Capitol Hill.  On February 5, 2021, the U.S. Senate passed a budget resolution paving the way for a $1.9 trillion COVID-19 relief package.  This vote is one of several procedural steps needed to pass a new stimulus package using the budget […]

On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 (“CCA”), a $2.3 trillion spending bill that includes $900 billion in stimulus relief.  The Act required the Small Business Administration (“SBA”) to reopen the Paycheck Protection Program (“PPP”). See our previous articles summarizing the CCA and the Regulations adopted […]

On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 (“CCA”), a $2.3 trillion spending bill that includes $900 billion in stimulus relief.  The Act, among other things, allows borrowers to take a second PPP loan, resolves income tax deduction issues, and expands eligibility to Section 501(c)(6) organizations. For […]

When you are working with your lender to seek forgiveness of your Paycheck Protection Program (“PPP”) Loan, you should keep in mind your appeal rights should the Small Business Administration (“SBA”) make any number of adverse determinations regarding that PPP Loan.  In August 2020, the SBA issued Interim Final Rules […]

The Consolidated Appropriations Act, 2021 (“CAA”), signed into law by President Trump on December 27, 2020, extended the CDC eviction moratorium until January 31, 2021.  The “Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19” was originally implemented by the CDC on September 4, 2020, with an […]