SBA Extends Deadline for Repayment of PPP Loans

Business, Tax & Real Estate, Kristina E. Curry, Legal News, Legal News for Businesses, Legal News for Individuals, Matthew D. Stokely, News, Senney Says by Jeff Senney, Workers Compensation & Employment, Workers' Compensation and Employment Law

The Small Business Administration (SBA) extended the repayment deadline for Payroll Protection Program (PPP) for businesses that initially took a PPP loan, but did not meet the self-certification requirements at the time that they applied for the loan.  The deadline is now automatically extended from May 7, 2020, to May 14, 2020. Companies that were…

President Signs "Cares Act" – passed by US House and Senate

Business, Tax & Real Estate, Estate Planning, Trust & Probate, Kristina E. Curry, Legal News, Legal News for Businesses, Legal News for Individuals, Litigation, Matthew D. Stokely, Senney Says by Jeff Senney, Workers Compensation & Employment

On March 27, 2020, Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a two-trillion-dollar aid package to help individuals and businesses who are experiencing the effects of the coronavirus pandemic and to stimulate the economy. Numerous programs are available and while the following list may not be exhaustive, here are just a…