Insights

APPLICATION PERIOD: THERE’S STILL PPP FUNDING FOR BUSINESSES AND FUNDS CAN BE USED FOR 6 MONTHS More than two (2) months have passed since federal aid programs were created to fund struggling businesses and individuals. The...

Throughout the United States, business owners are demanding that their insurance providers cover the business’ losses which have arisen out of the COVID-19 pandemic, and the subsequent government-mandated shutdowns. Their...

New York State on PAUSE Business Closures More than 100,000 small businesses have closed forever, resulting in millions of job losses.[1] Facebook survey of 86,000 small and medium size businesses reported that 33% of the...

Actions Taken by Gov. Andrew Cuomo Under Executive Order 202 Executive Order 202 (March 7, 2020): Declared a state disaster emergency for the entire State of New York, pursuant to Art. 2-B § 28 of the Executive Law....

On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (“PPP Flexibility Act”), which modified certain provisions related to forgiveness of loans received under...