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Apr 15, 2020

Pennsylvania Passes Senate Bill 841 to Allow Public Meetings and Notary Services via Telecommunication

On April 14, 2020, the Pennsylvania House of Representatives passed Senate Bill 841, which allows public entities and notaries to conduct business remotely during the statewide disaster emergency precipitated by COVID-19. The legislation is a culmination of separate State House and Senate bills to allow public entities, including counties, municipalities, and municipal authorities, to utilize telecommunication services for meetings and notary services during the COVID-19 pandemic.» Read More

Apr 01, 2020

Inside the CARES Act: COVID-19 Update – SBA Releases Sample Application for Paycheck Protection Program

Businesses actively awaiting guidance from the Small Business Administration (SBA) regarding the process for application to the Coronavirus Aid, Relief, and Economic Security (CARES) Act Paycheck Protection Program were given some guidance yesterday evening. The SBA released a Sample Application for the Paycheck Protection ProgramRead More

Mar 31, 2020

Inside the CARES Act: Update—Applying for a COVID-19-Related SBA Loan?

As a part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Small Business Administration (SBA) loan program has been expanded for qualifying businesses and qualifying self-employed individuals. The CARES Act’s “Paycheck Protection Program” provides 100% federally backed SBA loans to cover operational costs like rent, payroll, employee health benefits, interest on other debt obligations, insurance, and utilities, among others.» Read More

Mar 28, 2020

Inside the CARES Act: Loan Payment Subsidies for Certain Loans as Part of the CARES Act of 2020

In addition to the expansion of the Small Business Act’s (“SBA”) business loan program and the SBA’s disaster loan program, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) authorizes loan payment subsidies for certain loans.» Read More

Mar 28, 2020

Inside the CARES Act: Emergency EIDL Grants as Part of the CARES Act of 2020

Emergency grants from the Small Business Administration (SBA) included as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 provide for immediate grants within three days of submitting the application of up to $10,000 for eligible entities.» Read More

Mar 28, 2020

Inside the CARES Act: COVID-19 Loan Forgiveness Relief—a Section 1106 Primer

Section 1106 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act provides loan forgiveness for certain qualifying Small Business Administration (SBA) loans. A “covered loan” is a loan added under new Section 7(a)(36) of the Small Business Act, which was added by the CARES Act itself.» Read More

Mar 20, 2020

Business Continuity Planning During the Coronavirus (COVID-19) Pandemic

In uncertain times like these, we think back to Hurricane Sandy and the efforts of business owners to continue operations through that emergency situation. Business continuity planning was important then and it is equally important now as business owners strategize and probe for ways to continue operations through the coronavirus (COVID-19) pandemic.» Read More

Mar 19, 2020

Can the Government Really Shut Down My Business and Make Me Stay Home? Questions Answered Relating to Declarations of Emergency Due to Coronavirus

As companies face shutdowns and citizens are encouraged to stay home due to the coronavirus (COVID-19), businesses and people may be asking questions, such as can the government really do that? Those who followed China’s response to the outbreak—which involved using martial law to keep millions of citizens in their home—would have seen references in those stories western democracies being unable to use such extreme measures.» Read More

Mar 18, 2020

COVID-19 Is Destroying Our Economy, Don’t Let It Destroy Your Businesses

As we all practice social distancing to avoid the spread of COVID-19, businesses cannot escape the economic impact of the pandemic. With an economic recession on the horizon, the depths of which cannot be fathomed, it is crucial that businesses act proactively to address their obligations owed to creditors.» Read More

Mar 17, 2020

Coronavirus (COVID-19) Legal Update for Pennsylvania Municipalities and Municipal Authorities

Pennsylvania Governor Tom Wolf has taken unprecedented action in the face of the threat posed by the coronavirus (COVID-19). On March 6, 2020, he issued a proclamation of the existence of a disaster emergency throughout the Commonwealth, pursuant to the Emergency Management Services Code.» Read More