Results 1 to 5 of 21

Restaurants Revitalization Fund Provides COVID Relief to Hard-Hit Industry

USA - March 30 2021 On March 11, 2021, President Biden signed the “American Rescue Plan Act of 2021”, a $1.9 trillion stimulus bill aimed at curbing the economic toll of…

Rob Atras, Alexander T. Grishman, Kate Register

After Months of Deadlock, Congress Extends Lifeline for the Arts and Entertainment Industry through the Shuttered Venue Operators Grant Program

USA - December 30 2020 On December 27, 2020, President Trump signed the “Consolidated Appropriations Act, 2021” (the “Omnibus Bill”). Title III of…

James Markus, Daniel Wei

Congress Revises PPP Rules for Existing Borrowers; Allows Certain Borrowers to Access Second Round of Funding

USA - December 22 2020 On December 21, 2020, the U.S. Congress passed the “Consolidated Appropriations Act, 2021” (the “Omnibus Bill”) which is expected to be signed into…

Henson Adams, James Markus, Don Shiman, Daniel Wei

SBA Issues Clarifying Guidance for PPP Borrowers in M&A Transactions

USA - October 7 2020 The Small Business Administration (“SBA”) released a Procedural Notice to Paycheck Protection Program (“PPP”) lenders on October 2, 2020, providing…

Paul H. Amiel, Rob Atras

Main Street Lending Program - The Federal Reserve Releases Additional Guidance on the Loan Facilities Available to For Profit Businesses

USA - August 7 2020 Since the launch of the Main Street Lending Program, the Federal Reserve (through the Federal Reserve Bank of Boston, which is implementing the…

Steven H. Epstein, Alexander T. Grishman, Neal M. Kaminsky, James Markus