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Mother and daughter from Mount Vernon seek no prison time in pandemic relief fraud
Gannett via AOL· 4 hours agoMother and daughter were like others around the country who took part in get-rich-quick schemes in the spring of 2020 when the SBA hurriedly tweaked its Economic Injury Disaster Loan ...
DOJ and Private Whistleblowers Pursue Marijuana-Related Businesses for Alleged Violations of COVID...
JD Supra· 4 days agoIn 2020, when former President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, the federal Small Business ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 6 days agoUnder the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 7 days agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program ...
Temporary Relief for Connecticut-Based Businesses
The National Law Review· 6 days agoIn response to the coronavirus (COVID-19) outbreak, Connecticut has established the Connecticut Recovery Bridge Loan Program (the “Program”). The Program ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 7 days ago...likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as a result of an Interim Final Rule (IFR) published by the USSmall Business Administration (SBA) on April 2.1 Impacted businesses include banks,...
The Evolution of Alternative Financing: Navigating Modern Funding Solutions for Small Businesses
TechBullion· 7 days agoDiverse alternative financing options cater to different business needs and preferences....
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 5 days ago...The second part of this Alert details the proposed “Long-term Recovery Sector Loan” program introduced in late July by Senators Marco Rubio (R-FL) and Susan Collins (R-ME) in proposed legislation titled the Continuing Small Business Recovery and Paycheck Protection Program Act.
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 5 days agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness ...
Donald Finley, owner of Bayville Adventure Park, sentenced to 2 years in prison for $3.2M COVID-19 ...
Newsday· 7 days agoA federal judge sentenced the owner of Bayville Adventure Park to two years in federal prison...