On April 9, 2020, the Federal Reserve issued administrative guidance in the form of term sheets detailing its Main Street Lending Program authorized under Title IV, Subtitle A of the Coronavirus Aid, Relief, and Economic Stabilization Act (the “CARES Act”). The Main Street Lending Program offers … [Read more...]
Practical Guidance on the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)
Practical Guidance on the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) Originally posted on March 29, 2020, Updated as of April 24, 2020 On March 27, 2020 the CARES Act was enacted as a historic economic stimulus to assist U.S. businesses and individuals through the trying … [Read more...]
Small Business Loans Under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)
Small Business Loans Under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) Originally posted on March 29, 2020 Updated as of April 24, 2020 On March 27, 2020 the CARES Act was enacted which provides financial relief in the form of loans to small businesses (businesses with … [Read more...]
COVID-19 and Data Security Risks
COVID-19 and Data Security Risks Any time there is a crisis, whether environmental, economic, public health, or otherwise, you will see hackers and bad actors attempting to take advantage of the situation. The recent COVID-19 or coronavirus outbreak is no different. There has been a recent uptick … [Read more...]
Eligibility for U.S. Small Business Administration’s Economic Injury Disaster Loan
Eligibility for U.S. Small Business Administration’s Economic Injury Disaster Loan Originally posted on March 27, 2020 Updated as of June 16, 2020 The U.S. Small Business Administration has made Economic Injury Disaster Loans (“EID Loans”) of up to $2 million available to qualifying small … [Read more...]
Bridge the Gap: Eligibility for Florida’s Small Business Emergency Bridge Loan Program
Bridge the Gap: Eligibility for Florida’s Small Business Emergency Bridge Loan Program Originally posted on March 27, 2020; Updated as of June 16, 2020 As a result of Governor DeSantis’ Executive Order 20-52 issued on March 9, 2020 declaring a state of emergency throughout the entire state of … [Read more...]
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