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Increased Funding for Paycheck Protection Program Loans, Economic Injury Disaster Loans and Emergency Grants

USA - April 23 2020 On April 23, 2020, Congress passed and President Donald Trump is expected to sign into law the “Paycheck Protection Program and Health Care…

Thomas G. Appleman, Jeffrey L. LaBine

CARES Act Authorizes Reimbursement for Department of Defense Contractors’ Paid Leave Expenses

USA - April 20 2020 Section 3610 (“Federal Contractor Authority”) of the CARES Act, signed into law on March 27, 2020, provides U.S. contracting agencies with discretion…

Alexander S. Jerome

COVID-19: Federal Reserve’s Main Street Lending Program: What Businesses Need to Know to Prepare

USA - April 19 2020 On April 9, 2020, the Federal Reserve, acting under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and Section 13(3) of the…

Thomas G. Appleman, Brad B. Arbuckle, Shawn N. Hopper, Trent J. Taylor

Memo Pomoc Finansowa USA CARES Act

USA - April 10 2020 Niedawno uchwalona przez amerykański rząd federalny ustawa Coronavirus Aid, Relief, and Economic Security Act (zwanej także "CARES Act") przewiduje…

Justyna Regan

PPP Loan Eligibility: Do You Count Foreign Employees or Just U.S. Employees?

USA - April 9 2020 The U.S. Small Business Administration ("SBA") has issued new guidance on the new Paycheck Protection Program ("PPP"), which currently makes loans…

Brad B. Arbuckle