Oct 19, 2020 | Claims and Disputes, COVID-19 Recovery Funds
Laura Tyson and Lenny Mendonca write about how small businesses play an outsize role in the US economy, accounting for about half of all private-sector employment and nearly two-thirds of all net new job creation since 2000. Federal support for them is crucial to...
Sep 16, 2020 | COVID-19 Recovery Funds
The Actual Impact of COVID and PPP Proceeds To apply for and obtain a loan under the Paycheck Protection Program (PPP), applicants needed to certify that “[c]urrent economic uncertainty makes this loan necessary to support the ongoing operations of the...
Jul 9, 2020 | COVID-19 Recovery Funds
Laura Tyson and Lenny Mendonca write about unemployment and subsidies, small business loans, and federal funding for state and local governments. Read the article at Project Syndicate.
Jun 19, 2020 | Government Contracting, Sector Focus
The CARES Act includes the Small Business Administration’s Paycheck Protection Program (PPP) loans for eligible small businesses, emergency grant funding, and a path for loan forgiveness if funds are used for payroll and related costs.[1] PPP loan funds can be used...
Jun 18, 2020 | Corporate Finance and Restructuring, Retail
Barbershops, salons, gyms and entire downtowns face questions as a result of the coronavirus. As states start reopening across the country, high-touch operations like barbershops, gyms and salons must grapple with particularly acute health and business risks. The...