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Paycheck Protection Program Are you off the hook?

  Paycheck Protection Program (PPP): Are you off the hook? The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) provides that loans made under the Paycheck Protection Program (“PPP”) do not require a personal guarantee or collateral. However, this waiver does not mean that the individual shareholders, members, or...

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CARES Act Government Loans: GET THEM!

How can a business stay afloat during the Coronavirus shutdown? Coronavirus Aid, Relief and Economic Security Act (the “CARES” Act) became law on March 27, 2020. The Act contains wide-ranging provisions for government assistance to industries, enterprises and individuals. Summarized below are some of the most salient provisions relating to...

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