By Jonathan Udell, Attorney at Rose Law Group News broke on Friday afternoon that despite the SBA’s promise of loan sizes reaching $2 million, the agency is capping its Economic Injury Disaster Loans at a maximum of $15,000. Startlingly, according to a New York Times article, the decreased cap will even apply to loans that the agency already approved. On the bright side, the …
By Mike Sunnucks | Rose Law Group Reporter The COVID-19 pandemic is an unrivaled economic challenge, but it is also an opportunity for employers to look at their operations, for entrepreneurs to find silver linings and for all of us to treat each other with more compassion and cooperation. Those were some of the takeaways Rose Law Group’s New Virtual Power Lunch …
By Eric Hill, Attorney at Rose Law Group Today, April 3rd, 2020, is slated to be the opening day for applications to the Paycheck Protection Program (“PPP”) that was established under the federal CARES Act. The PPP will provide forgivable loans to small businesses to help cover costs and prevent employee layoffs, and will be available through Small Business Administration (“SBA”) lenders. …
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