June 8, 2020
On June 5, 2020, the Paycheck Protection Program (“PPP”) Flexibility Act[1] became law, again changing major features of the PPP Loan Program. As its name suggests, the new law was enacted primarily to [...]
May 29, 2020
In an interim final rule (“IFR”) issued on May 22, 2020,[1] the Small Business Administration (“SBA”) clarified the method by which Paycheck Protection Program (“PPP”) Loan Program funds must be expended and documented [...]
May 13, 2020
Today, the Small Business Administration (SBA) issued new guidance relaxing anticipated scrutiny that borrowers were expecting under the Paycheck Protection Program. In connection with a Paycheck Protection Program loan, a borrower must certify [...]
April 24, 2020
On April 24, 2020, the President signed into law the Paycheck Protection Program and Health Care Enhancement Act (“Act”) which, among other things, provides an additional $321 billion for the Small Business Administration’s [...]
April 15, 2020
The U.S. Department of Health and Human Services, Administration for Children and Families (ACF), the agency that oversees the Office of Head Start (OHS), released guidance on the CARES Act funding for Head [...]
April 14, 2020
This Client Alert is issued as part of a series of related alerts on important loan programs and loan program changes enacted through the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act.[1] In [...]
April 10, 2020
FOR IMMEDIATE RELEASE Washington, DC — Feldesman Tucker Leifer Fidell LLP (FTLF) has developed a new white paper to assist clients and industry partners in better understanding the federal response to the COVID-19 [...]
April 8, 2020
Each week brings additional information and guidance from the Department of Health and Human Services (HHS) related to the applicability and enforcement of the federal laws and regulations related to patient confidentiality [...]
April 8, 2020
Last Friday, April 3, 2020, eligible borrowers began submitting applications for business loans under the newly authorized “Paycheck Protection Program.” Despite the Small Business Administration’s (“SBA”) final interim rule issued on April 2, [...]
April 8, 2020
On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, which is aimed at addressing the COVID-19 pandemic through over $2 trillion in spending on public [...]