The COVID-19 Relief Pennsylvania Small Business Assistance Program is not brand new. Initially, it was anticipated to have four rounds of grants lasting until October 2020. The CARES Act passed in late March is providing the funding. $96 million has already been distributed with about $104 million remaining for small businesses.
However, like everything else
This blog post will cover a couple of updates to the Paycheck Protection Program (the “PPP”) since it launched in April. In the past month, more details have emerged about applying for loan forgiveness as well as the audit risk, disclosure of some PPP recipients, and application deadline.
On July
The ability to quickly share information with a large number of people is one of the powerful things about the Internet. But with great power comes great responsibility.
Or at least it should.
Particularly for the major tech platforms, content moderation – making sure the information being shared is accurate – is vital. But
Phase 2 of the Lancaster Small Business Recovery & Sustainability Fund opens on Monday, July 20, 2020 at 8:00 a.m. and will remain open until Friday, July 24, 2020 at 5:00 p.m. Recovery Lancaster is a grant program that is not awarded on a first-come, first-serve basis. The Phase 2 funding cycle consists of $14,962,092
Business owners have by now heard about or read the order issued by Governor Wolf on July 15th which re-imposed or created new restaurant restrictions on the sale of food and alcohol in Pennsylvania. If you have not yet had a chance to read it, I have copied the press release from the Governor below.
Soon, most of Pennsylvania will be in the Green Phase of the Governor’s Plan for COVID-19 reopening. If you are like me, you might be confused about exactly what the Green Phase allows.
It is not a complete return to the good old days of 2019 before we ever heard the words “novel coronavirus.” There
COVID-19-related laws and regulations continue to remain a moving target. The President signed into law the Paycheck Protection Program Flexibility Act (the “Act”) on June 5, 2020, and we posted the highlights on June 9, 2020. A mere ten days after the passage of that Act, things have already changed, largely due to the U.S.
The popular Paycheck Protection Program (the “PPP”) created by the CARES Act is coming to an end. Time is running out to take advantage of this program. The upcoming deadline to apply for a PPP loan is June 30, 2020. However, many banks are requiring applicants to submit their application prior to the June 30
More small business relief has arrived! On Monday, June 8, 2020, Governor Wolf announced additional relief for small businesses in Pennsylvania. The relief funding consists of $225 million of the $4 billion provided to the Commonwealth through the CARES Act. In addition, the Lancaster County Small Business Recovery and Sustainability Fund is also launching grants
On June 3, 2020, the U.S. Senate passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (the “Act”). President Trump then signed it into law 2 days later. The Act makes significant changes and updates to the Paycheck Protection Program (the “PPP”).
Such changes include, but are not limited to: