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Paycheck Protection Program Loan Forgiveness Guidelines
Loan forgiveness is a defining feature of the Paycheck Protection Program (the “PPP”) created through the CARES Act. However, in order to maximize forgiveness, borrowers need to use the proceeds in a
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Covid-19 New York Litigation Policies and Procedures compendium
COVID-19 New York Litigation Policies and Procedures Last updated 6.9.2020
New Court Directives Expected To Take Effect June 20, 2020
In light of the Executive Order (202.28), prohibiting the commencement of nonpayment eviction proceedings for the period of June 20, 2020 through August 20, 2020, the Administrative Judge of New York Civil Court issued three directives taking effect on June 20, 2020.
NY Eviction Moratorium Extended
In an effort to assist you in navigating through this extraordinary time, we would like to provide an update concerning the COVID-19 pandemic’s effect on real estate in New York.
SBA’s Updated Paycheck Protection Program FAQs (FAQs)
Important Update: May 7 Deadline Extended to May 14The SBA has extended the date by which PPP borrowers must return funds in order to take advantage of the safe harbor to May 14, 2020. Click here to
Paycheck Protection Program: Additional Guidance
On April 23, 2020, the U.S. Small Business Administration (the “SBA”) issued new guidance regarding the economic need certification required of borrowers under the popular Paycheck Protection Program (“PPP”), which could render some companies ineligible even if they were previously approved for the PPP