U.S. Treasury Department Issues New Guidance Concerning Good Faith PPP Loan Certification
In response to the COVID-19 pandemic, Congress passed the CARES Act which set up the SBA-administered Paycheck Protection Program (PPP) to provide for emergency financial relief in the form of forgivable loans to small businesses with less than 500 employees. My earlier post concerning the relief offered by the CARES Act can be found here. […]
Construction Activities May Resume In Pennsylvania On May 1
The temporary, Covid-19 related shutdown of the construction industry in Pennsylvania is finally coming to an end. Beginning Friday, May 1, all construction industry businesses will be permitted to maintain in-person operations statewide in Pennsylvania, so long as their activities strictly adhere to the official guidance issued by Governor Tom Wolf, applicable public health safety measures, […]
The CARES Act Provides Emergency Financial Relief For Small Businesses Affected By The COVID-19 Pandemic
On March 27, in response to the ongoing COVID-19 pandemic, President Trump signed a $2.2 trillion stimulus package known as the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act provides provides for emergency financial relief to small businesses with less than 500 employees in the form of a new Small Business Administration “Paycheck Protection” loan program (available on April 3), […]
Christopher I. McCabe, Esq.
