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 Any business concern, nonprofit organization, housing cooperative,[2] veterans organization, tribal business, eligible self-employed individual, sole proprietor, independent contractor or small agricultural cooperative is eligible to receive a Second Tranche PPP Loan if such business (i) employs not more 300 employees and (ii) demonstrates a 25% reduction[3] in gross receipts in the first, second or third quarter in 2020 compared to the same quarter in… [read post]
 Any business concern, nonprofit organization, housing cooperative,[2] veterans organization, tribal business, eligible self-employed individual, sole proprietor, independent contractor or small agricultural cooperative is eligible to receive a Second Tranche PPP Loan if such business (i) employs not more 300 employees and (ii) demonstrates a 25% reduction[3] in gross receipts in the first, second or third quarter in 2020 compared to the same quarter in… [read post]
28 Dec 2020, 9:03 pm by Series of Essays
Your COVID-19 Immunity Papers, Please May 5, 2020 | Milad Emamian Policymakers and scholars are considering the possibility of creating immunity certificate programs that would exempt people who have recovered from COVID-19 from societal restrictions, such as limits on public gatherings and operating businesses. [read post]
28 Dec 2020, 12:15 pm by John Gotaskie
First, additional funding was added for EIDL advances to be made to businesses located in low-income communities and on an emergency basis. [read post]
28 Dec 2020, 7:39 am by Charla Bizios Stevens
  Companies which have already received funds may be eligible to secure a second loan, and some funds will be set aside for the smallest businesses and community-based lenders. [read post]
21 Dec 2020, 2:33 pm by Kevin Kaufman
The bill expands eligibility for nonprofits and includes set-asides for very small businesses and community-based lenders. [read post]
21 Dec 2020, 10:19 am by Jason J. Redd and Michael D. DeLoreto
Dedicated PPP set-aside for small businesses and lending through community-based lenders like Community Development Financial Institutions (and Minority Depository Institutions). $15 billion in dedicated funding for live venues, independent movie theaters, and cultural institutions. $20 billion for additional grants under the Economic Injury Disaster Loan Program. [read post]
21 Dec 2020, 10:19 am by Jason J. Redd and Michael D. DeLoreto
Dedicated PPP set-aside for small businesses and lending through community-based lenders like Community Development Financial Institutions (and Minority Depository Institutions). $15 billion in dedicated funding for live venues, independent movie theaters, and cultural institutions. $20 billion for additional grants under the Economic Injury Disaster Loan Program. [read post]
21 Dec 2020, 10:19 am by Jason J. Redd and Michael D. DeLoreto
Dedicated PPP set-aside for small businesses and lending through community-based lenders like Community Development Financial Institutions (and Minority Depository Institutions). $15 billion in dedicated funding for live venues, independent movie theaters, and cultural institutions. $20 billion for additional grants under the Economic Injury Disaster Loan Program. [read post]
16 Dec 2020, 2:01 pm by Alan S. Kaplinsky
  The letter also recommends that “given the exacerbated decline of Black businesses, in particular, as a result of the COVID-19 pandemic, [the Biden] administration should ensure that OMWIs are monitoring and advising on any unintended consequences and harm that may be caused by agency policies to minority owned businesses and communities of color. [read post]
6 Dec 2020, 2:37 pm by Kevin LaCroix
”   So, in other words, even if the allegations in this proceeding are small potatoes, the proceeding nevertheless is intended to communicate several very important messages to other companies. [read post]
20 Nov 2020, 2:52 pm by Adam Levitin
And a bank based in a vulnerable coastal community could not refusing financing to activities that threaten to inundate the community (and destroy properties that are collateral for the bank's other loans). [read post]
20 Nov 2020, 8:35 am by Roger Stelk
Despite this, many real estate businesses throughout Illinois are still operational. [read post]
12 Nov 2020, 2:18 pm by Kevin LaCroix
Speed used other counsel to advise him for the oil and gas operations matters in the company’s fracking businesses. [read post]
10 Nov 2020, 3:23 pm by Catherine DeBono Holmes
This article was first published by the IIUSA Regional Center Business Journal and is reprinted with permission. [read post]
3 Nov 2020, 2:44 am by Liz Dunshee
If your company borrowed $2 million or more from the Paycheck Protection Program, you’ll need to complete the form to show the necessity of the borrowings – and it’ll be due within 10 business days of receiving it from your lender. [read post]
29 Oct 2020, 7:36 am by Kristian Soltes
” The announcement comes as part of the Digital Business Package laid out in the 2020-21 Budget. [read post]