The Small Business Administration and Treasury Department late Wednesday released an interim final rule to reflect changes made by H.R. 7010, the Paycheck Protection Program Flexibility Act. SBA also published updated, streamlined application forms for borrowers and lenders to use for loans made on or after June 5, 2020. The interim final rule codifies several changes […]
Monthly Archives: June 2020
Over the last several weeks we have worked with hundreds of businesses to ensure a safe and responsible re-opening consistent with the detailed phasing plan released by New York State. Our collective investment of time and money into safely and responsibly re-opening the Galleria at Crystal Run was considerable. What’s more, our retailers and their […]
Effective Thursday, June 4, 2020 Pursuant to the Governor’s order, effective Thursday, June 4, 2020, all licensees in regions that have entered phase 2 of reopening and which have on-premises service privileges under the Alcoholic Beverage Control Law (ABC Law) may, subject to the guidance below, resume outdoor, on-premises service of alcoholic beverages and/or food. This […]
The U.S. Senate by unanimous consent cleared the House-passed bill to extend the Paycheck Protection Program. The bill: · Extends the PPP loan forgiveness period to include costs incurred over 24 weeks after a loan is issued or through Dec. 31, whichever comes first. Businesses that received a loan before the measure is enacted could keep […]
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