Posts Categorized: Coronavirus Relief

Renewal of Paycheck Protection Program

On December 27, 2020, the Economic Aid Act (the “EAA”) was signed into law.  In addition to providing for small checks to Americans and other things, the EAA renewed the Paycheck Protection Program (the “PPP”) but under different terms. The prior program ran out in August with money left over.  The new law allocates $284.5… Read more »

Thoughts on Commercial Solutions During Pandemic

The following is not legal advice but things that came out of interactions with clients during the COVID-19 outbreak. Federal, State and Local Programs The CARES Act and the follow-on laws that may come give money and authority to the Treasury, but it and its agencies do not want to be in the direct support… Read more »

Additional Money and Coverage of CARES Act

On April 23, 2020, the federal House of Representatives followed the Senate in passing the nearly $400 million new coronavirus support bill, including another $310 billion for the Paycheck Protection Program (the “PPP”) established by the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act passed in March, and an increase in the Economic Injury Disaster… Read more »

CARES Act Programs for Small Businesses

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law. This enormous law was intended to provide support for businesses and individuals affected by the Coronavirus epidemic. The adoption of the law was followed by regulations and guidance with respect to the programs for relatively small… Read more »