The Continuing Small Business Recovery and Paycheck Protection Program Act would provide additional assistance to the hardest-hit small businesses that are struggling to recover from the impacts of the COVID-19 pandemic. The bill has four main components: 7(a) Loans to Recovery Sector Businesses: Authorizes $100 billion in long-term, low-cost loans […]
Category: Client Advisory
The House The House is back in session today following a two-week absence. While the House is currently only scheduled to be in session for the next two weeks, Members are being advised that the start of August recess may be delayed by a week as the House has a […]
Next Phase Stimulus Bill Update
07.08.2020
When Congress returns next week, we believe talks will intensify on a new package of pandemic-related stimulus. The House is scheduled to start its August recess by August 3, with the Senate following a week later, and both the White House and Senate Majority Leader Mitch McConnell have said that […]
On June 15, the Department of Economic Opportunity launched the final Community Development Block Grant – Mitigation program, Rebuild Florida Mitigation General Infrastructure Program. The Rebuild Florida Mitigation General Infrastructure Program is designed to provide funding opportunities for local governments and state agencies to develop large-scale mitigation activities that allow...
Washington—Today, the U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020. In addition to revising the full forgiveness […]
