On November 2, 2020, Governor Charlie Baker issued COVID-19 Order No. 53 requiring, among other things, early closing for certain... Read More »
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Category: COVID-19
Paycheck Protection Program Forgiveness – New Simplified Application for Loans of $50,000 or Less
Earlier this month, the Small Business Administration (“SBA”) published new guidelines targeted to making forgiveness applications easier on borrowers who... Read More »
Governor Charlie Baker Extends Eviction and Foreclosure Moratorium
On July 21, 2020, Massachusetts Governor Charlie Baker signed a letter extending certain provisions of the Massachusetts Eviction and Foreclosure Moratorium Act (the... Read More »
Deadline to Apply for the Paycheck Protection Program Extended
On July 4, 2020, President Trump signed an extension to the Paycheck Protection Program (the “PPP”), allowing applicants to apply... Read More »
Paycheck Protection Program Flexibility Act – Needed Changes to CARES Act
After more than two months of implementation issues, outcry, and adjustments, Congress passed the Paycheck Protection Program Flexibility Act of... Read More »
Main Street Lending Program – Major Changes and Proposed Program for Nonprofit Borrowers
On Monday, June 15, 2020, the Federal Reserve opened the Main Street Lending Program (the “MSLP”), which is designed to... Read More »
SBA Regulatory Update: Paycheck Protection Program Flexibility Act of 2020
UPDATE: The Deadline To Apply noted below has been extended to August 8, 2020. On June 11, 2020, the SBA published... Read More »
New Massachusetts Safety Standards and Guidelines: Restaurants and Lodgings
On Friday, May 29, 2020, the Massachusetts Executive Office of Housing and Economic Development issued safety standards and guidelines for... Read More »
Paycheck Protection Program Flexibility Act of 2020 – Changes To The CARES Act
Update: Click here for revisions made by the SBA to the First Interim Final Rule on the Paycheck Protection Program... Read More »
The Main Street Lending Program
Due to significant regulatory updates and changes made to the Main Street Lending Program, the prior post has been rendered... Read More »
Electronic Hearing for the Massachusetts Business Interruption Insurance Act Scheduled for May 21, 2020
In lieu of a public hearing, the Joint Committee on Financial Services, Chaired by Senate Chair James T. Welch, D-Hampton, and House Chair... Read More »
What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act
The Small Business Administration (“SBA”) continues to issue new guidance and regulations pertaining to the Paycheck Protection Program (“PPP”) at... Read More »
