On June 22, 2020, President Donald Trump signed a “Proclamation Suspending Entry of Aliens Who Present a Risk to the U.S. Labor Market Following the Coronavirus Outbreak.” The immigration restrictions put in place in April are further extended until the end of the year and the new proclamation imposes additional and significant restrictions on the …
New York State announced its own initial $100 million New York Forward Loan Fund (NYFLF). This new economic recovery loan program is aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak. NYFLF targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees, …
Time flies during a shutdown. While some are still hesitating to apply or wait to receive funds provided under the paycheck protection program, for some it is time to prepare applications for forgiveness. To that end, on May 15, 2020, U.S. Department of the Treasury issued the Paycheck Protection Program Loan Forgiveness Application. The Loan …
After an announcement on twitter on April 20, 2020, President Trump signed an Executive Order, aimed to suspend and limit immigration into the United States on a temporary bases, during the COVID-19 outbreak to protect U.S. citizens and preserve jobs for American workers. The temporary suspension will take effect on April 23, 2020. According to …
Covid-19 created a chaos and among other problems, liquidity issues for many businesses. Until now, the available Covid-19 relief programs aimed to aid either large companies or small businesses, leaving midsize companies, not qualified for the current loan structures, in a limbo without federal assistance. On April 9, 2020, the Federal Reserve announced the details …
FED Main Street Lending Program; Financing for Small and Mid-Sized Businesses Read More »
New York State Governor Andrew Cuomo signed Executive Order 202.7 authorizing remote online notarization (RON) in the state through April 18, 2020. RON is a welcome addition in our online toolbox that would certainly come handy to allow numerous matters to continue in this tumultuous period. The use of this technology provides great help in …