The Federal Reserve announced on April 30 that it is expanding the scope and eligibility of the Main Street Lending Program (MSLP). Prior to yesterday's announcement...
Appropriations for the Paycheck Protection Program (PPP) were exhausted last week because of overwhelming demand. This week Congress passed legislation appropriating...
New York Attorney General Letitia James has issued Guidance (please see link below) on CARES Act Payments by which she announces that emergency stimulus payments of ...
The CARES Act authorized the Federal Reserve to establish a Main Street Lending Program facility to extend credit to small and midsized businesses impacted by the CO...
Lenders began accepting applications for loans pursuant to the CARES Act's (Act) Paycheck Protection Program (PPP) last Friday, April 3, 2020. Given the many questio...
The United States Department of Treasury issued guidance to both borrowers and lenders for loans to be extended under the recently enacted Coronavirus Aid, Relief, a...
Last week, Congress passed the Coronavirus Aid Relief and Economic Security Act ("CARES"). An important part of CARES amends a very recently enacted provision of the...
Effective Date: April 1, 2020. Covered Period: Applies to leave taken between April 1, 2020 and December 31, 2020. Covered Employers: Private employers with fewer th...
The President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27, 2020. Title I of the CARES Act, the Keeping American Workers Pai...