On Tuesday, October 13, New Jersey Governor Phil Murphy announced $100 million in relief will be available for businesses hit hard by the COVID-19 pandemic. This aid is allocated from…
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On October 8, 2020, the Small Business Administration (SBA), in conjunction with the U.S. Treasury Department, issued its latest Interim Final Rule. To streamline and simplify the loan forgiveness process,…
read more While Hamlet may have hypothesized over the famous query “To Be or Not to Be?”, Paycheck Protection Program (PPP) borrowers have an undisputed desire to maximize loan forgiveness. As such,…
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At the start of 2020, no one could have expected what lie ahead. The effects of the global pandemic have touched everyone, including significantly impacting our businesses. In order to…
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On July 31, 2020, the U.S. Department of Health and Human Services (HHS) granted another opportunity for healthcare providers to apply for the Provider Relief Fund (PRF) under Phase 2,…
read more On August 14, 2020, the U.S. Department of Health and Human Services (HHS) provided details on the Provider Relief Fund reporting requirements. The Provider Relief Fund (PRF) was allocated $175…
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As small businesses continue to seek credit and financing opportunities to stem the tide of the COVID-19 pandemic, the Small Business Administration (SBA) has taken further action to boost the…
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On August 8, 2020, President Trump signed four executive orders to provide economic assistance as the self-imposed deadline for Congress to reach a coronavirus relief package passed. These four executive…
read more In a much-anticipated move, the Small Business Administration (SBA), in conjunction with the U.S. Department of Treasury, issued the latest round of frequently asked questions (FAQs) on August 4, 2020. …
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The Federal Reserve has announced an extension through December 31 of its lending facilities that were initially scheduled to expire on or around September 30. The lending facilities are geared…
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