Our clients, colleagues, and contacts are our primary concern as we continuously monitor the COVID-19 situation. We encourage our clients to speak with their attorney(s) through conference calls or video-conferencing whenever possible. Our firm is fully prepared to work remotely and can continue to serve your legal needs in a timely fashion. Please take care of your health and that of your family. Please scroll down to see the articles our attorneys have written regarding COVID-19

Restaurant Revitalization Act: First Come, First Served.

The Paycheck Protection Program (PPP) has been a lifesaver for small businesses.  The latest legislation has provided a second round and even allowed for the amendment of the first round under the appropriate circumstances. 

A supplemental program known as the Restaurant Revitalization Act that provides $28.6 billion directed specifically to restaurants has passed and the SBA portal is due to open on Monday May 3 for Women and Minority Owned (MWBE) businesses, and May 24 for all others. 

There are complex issues with respect to qualification, set offs and the like but the bottom line is that there will be substantial money available to assist restaurants. Distribution is on a first come basis. You need to act now if you’re going to get your share of these funds. Contact Eric A. Browndorf at ebrowndorf@cooperlevenson.com or Jarad K. Stiles at jstiles@cooperlevenson.com.

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest