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Details of the HEALS Act

Yesterday the U.S. Senate released details of the HEALS Act, which is the GOP-led stimulus package meant as a follow-on the bi-partisan CARES Act. The HEALS Act is an approximately $1 trillion stimulus package, considerably smaller than the Democrat's HEROES Act that passed in the House in May. The Health,…

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‘CARES Act 2’ Taking Shape This Week

With unemployment numbers high, small businesses struggling, and many lower-income workers facing evictions, Senate leadership returned to Washington to work on a bill that many are calling "CARES Act 2." In May, Democrats in the U.S. House of Representatives passed the Heroes Act, a $3 trillion stimulus bill designed to…

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PPPFA Brings New Flexibility and Clarity for PPP Loan Recipients

On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act, or PPPFA, to address issues identified by small business owners regarding the previously-enacted Paycheck Protection Program, or PPP, which provided potentially-forgivable loans to eligible small businesses in the face of COVID-19. One of the…

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