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The CARES Act – Which businesses will qualify for a Small Business Administration Loan?
March 26, 2020
The CARES Act has officially passed in the Senate and a vote is expected in the House on Friday, March 27th. If the Bill is signed into law as expected, $350 billion will be dedicated to preventing layoffs and business closures while workers stay home during the outbreak. Companies with 500 employees or fewer that…
Read MoreCOVID-19 “CARES Act” bipartisan stimulus package being finalized in Congress will help small businesses
March 26, 2020
In the early morning on March 25, 2020, the White House and Senate finally reached an agreement on a $2 trillion package to respond to the current economic crisis caused by the COVID-19 pandemic. Though a deal has been struck on the key points of the Bill, many details are still being finalized. However, a few…
Read MoreCOVID-19 and the Force Majeure
March 24, 2020
The current pandemic brought on by the COVID-19 virus has impacted supply chains; the ability to move around freely; and in some cases has shut down manufacturing entirely. Government actions including declaring states of emergency, closing borders and shelter in place orders may be the types of events that often fall within the parameters of Force…
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