Good News for Small Business Affected by COVID-19: State EDA Programs and SBA Programs
March 28, 2020 Nicholas F. Talvacchia, Esq. | Jennifer B. Barr, Esq. NJDEA PROGRAMS The New Jersey Economic Development Authority (“NJEDA”) was authorized by Governor Phil Murphy in recent signed legislation to provide relief to New Jersey small and mid-sized businesses. This package of initiatives will provide more than $75 million of both State and […]
CARES Act and Small Business Paycheck Protection Loans
The “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act” (“Act”) was unanimously approved by the United States Senate on March 25, 2020. On March 27, 2020, the Act was passed by the House of Representatives and signed into law by President Trump. Many small business owners are questioning how the Act will […]