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Author Archive for: "Marc I. Solomon"
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Congress Expands Paycheck Protection Program, Authorizes “Second Draw” Loans in 2021

February 1, 2021

On December 27, 2020, the Consolidated Appropriations Act (“CAA”) was signed into law. The CAA’s significant COVID relief stimulus includes an additional $284 billion in funding for small [...]

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    Congress Extends Critical PPP and EIDL Small Business Funding in $484 Billion Supplemental Stimulus Bill

    April 27, 2020

    With most of the initial funding appropriated for COVID-19 relief rapidly depleted, Congress increased funding on April 23, 2020 for two advantageous SBA loan programs.  The additional funding [...]

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      Economic Relief for Businesses Under The Coronavirus Aid, Relief, And Economic Security Act (The Cares Act)

      March 27, 2020

      In the late hours of March 25, 2020, the Senate took a historic step to advance the largest economic stimulus bill in U.S. history, the Coronavirus Aid, Relief and Economic Security Act [The [...]

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        SBA Loans Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

        March 24, 2020

        We are advising our business owner clients and friends that are in need of working capital and/or considering furloughs or layoffs of the pending SBA loan program for disaster relief. These loans [...]

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