On March 27, in response to the economic strain suffered by American businesses and workers resulting from the COVID-19 pandemic, Congress passed and President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. A key component of the CARES Act is the Paycheck Protection Program (PPP), […]
If you or your business has been adversely financially impacted by the COVID-19 pandemic and the associated economic downturn being experienced all across the globe, there may be some available relief. The recently enacted CARES Act revised some of the restrictions ordinarily in place on borrowing and making withdrawals from […]
The Coronavirus Aid, Relief, and Economic Security Act became law on March 27, 2020. While its main purpose is to fund relief and address the coronavirus pandemic, there are several significant finance and business related provisions that will have a direct impact on the performance, prospects and compliance of and […]
We understand the global pandemic is affecting lenders in myriad ways, including both in their own businesses as well as their borrowers. Over the past several weeks, we have received countless inquiries from clients regarding the impact COVID-19 has had on their outstanding loans and borrowers. As such, we thought […]
In times of chaos and uncertainty, neighbors and communities band together. Becker Shareholder Jie Chengying Xiu is the Chairwoman of the Asian Financial Society, a non-profit 501(c)(3) organization. She has been leading a project of pooling free hotel rooms owned by Chinese Americans to supply to the National Guard as […]
