Government Contracts Insights

June 30, 2020 - Small Business, Coronavirus
SBA’s Implementation of the Paycheck Protection Program Flexibility Act in Wave of New Rules and Application Forms
By: Tina D. Reynolds, Damien C. Specht and Alissandra Young McCann
As we previously reported , the Paycheck Protection Program Flexibility Act (“PPP Flexibility Act”) became law earlier this month, introducing numerous changes to the Paycheck Protection Program (PPP). The PPP, which is part of the CARES Act, [1] provides aid to qualifying small businesses
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June 18, 2020 - Small Business
Hot Topics in Government Contracting Virtual Conference – MoFo’s Ali Young Speaking
By: Alissandra Young McCann
Please join MoFo associate Ali Young during Jennifer Schaus & Associates’ Hot Topics in Government Contracting Virtual Conference on Tuesday, June 23, 2020. Ali’s session, “SBA New Regulations & What It Means for Small Business,” will start at 9AM EST. Ali will cover areas
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June 05, 2020 - Small Business, Coronavirus
Congress Passes PPP Revisions and Advocates for Public Disclosure of Recipients
By: Tina D. Reynolds, Damien C. Specht and Alissandra Young McCann
Updated June 5, 2020 In the wake of the massive economic disruption caused by the Coronavirus outbreak, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020. The Payroll Protection Program (PPP), which is part of the
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June 04, 2020 - Small Business
SBA Issues New Certification Regulations for Women-Owned Small Businesses
By: Tina D. Reynolds and Roke Iko
Starting July 15, 2020, a new certification process is being implemented for Women-Owned Small Businesses (“WOSBs”) and Economically Disadvantaged WOSBs (“EDWOSBs”) competing for U.S. federal set-aside, sole source, and multiple award contracts. The Small Business Administration (“SBA”), which is responsible for oversight of these
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May 27, 2020 - Small Business, Coronavirus
SBA Issues New Rules on PPP Loan Forgiveness and Loan Review Procedures
By: Tina D. Reynolds, Damien C. Specht, Alissandra Young McCann and Roke Iko
Since the inception of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) nearly eight weeks ago, the Small Business Administration (SBA) has issued loans under the Paycheck Protection Program (PPP) that have helped thousands of businesses remain afloat during the COVID-19
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May 19, 2020 - Small Business, Coronavirus
PPP Loan Forgiveness Application is Finally Here
By: Tina D. Reynolds, Damien C. Specht and Alissandra Young McCann
During these uncertain economic times, the Small Business Administration (SBA) loans under the Paycheck Protection Program (PPP) have been a critical lifeline for many small businesses trying to weather the COVID-19 pandemic. The PPP, which we have written about previously , is part of
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May 18, 2020 - International Public Procurement, Small Business, Coronavirus
Are Foreign Employees Included in Calculating Size for PPP’s 500-Employee Size Standard? New Guidance Makes the Answer Unclear
By: Damien C. Specht, Tina D. Reynolds and Alissandra Young McCann
Updated May 18, 2020 As many companies are likely aware by now, Small Business Administration (SBA) loans under the Paycheck Protection Program (PPP) provide aid to qualifying small businesses in the form of loans with terms favorable to borrowers, including, in particular, provisions that
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May 06, 2020 - Small Business, Coronavirus
Is My Company’s PPP Loan “Necessary to Support Ongoing Operations?” What If I’m Wrong?
By: Tina D. Reynolds and Damien C. Specht
This post has been updated on May 6, 2020 with new safe harbor deadline for repayment of PPP loans. Given the proliferation of adverse news articles and TV pundit segments about well-funded companies that have received federal, Small Business Administration (SBA) loans under the
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May 05, 2020 - Small Business, Coronavirus
CARES SBA Loan Eligibility and Process (UPDATED)
By: Tina D. Reynolds and Damien C. Specht
(This post has been updated on May 5, 2020) The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) allows certain eligible companies and individuals to obtain loans of up to $10 million or 2.5 times the average monthly payroll costs over the
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April 27, 2020 - Small Business, Coronavirus
House Passes a $484 Billion Relief Package; Treasury and the SBA Release New Guidelines for PPP Loans
By: Tina D. Reynolds and Damien C. Specht
On Thursday, April 23, 2020, the U.S. House of Representatives voted in favor of the $484 billion relief package that passed in the Senate earlier this week. Once signed into law, the legislation will revive the Small Business Administration (SBA) Paycheck Protection Program (PPP),
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Topic Archives: Small Business

SBA’s Implementation of the Paycheck Protection Program Flexibility Act in Wave of New Rules and Application Forms

By: Tina D. Reynolds, Damien C. Specht and Alissandra Young McCann

Hot Topics in Government Contracting Virtual Conference – MoFo’s Ali Young Speaking

By: Alissandra Young McCann

Congress Passes PPP Revisions and Advocates for Public Disclosure of Recipients

By: Tina D. Reynolds, Damien C. Specht and Alissandra Young McCann

SBA Issues New Certification Regulations for Women-Owned Small Businesses

By: Tina D. Reynolds and Roke Iko

SBA Issues New Rules on PPP Loan Forgiveness and Loan Review Procedures

By: Tina D. Reynolds, Damien C. Specht, Alissandra Young McCann and Roke Iko

PPP Loan Forgiveness Application is Finally Here

By: Tina D. Reynolds, Damien C. Specht and Alissandra Young McCann

Are Foreign Employees Included in Calculating Size for PPP’s 500-Employee Size Standard? New Guidance Makes the Answer Unclear

By: Damien C. Specht, Tina D. Reynolds and Alissandra Young McCann

Is My Company’s PPP Loan “Necessary to Support Ongoing Operations?” What If I’m Wrong?

By: Tina D. Reynolds and Damien C. Specht

CARES SBA Loan Eligibility and Process (UPDATED)

By: Tina D. Reynolds and Damien C. Specht

House Passes a $484 Billion Relief Package; Treasury and the SBA Release New Guidelines for PPP Loans

By: Tina D. Reynolds and Damien C. Specht