Topic Archives: Small Business

April 10, 2020Coronavirus, Small Business

SBA Overhauls the Disaster Loan Application Process in Response to the CARES Act

During these uncertain times, small businesses have been pursuing both Paycheck Protection Program and SBA Economic Injury Disaster loans.  Note, however, that Disaster loan applications submitted manually to the SBA prior to March 27 may require resubmission.  After the passage of the CARES Act, to expedite the loan processing, SBA streamlined the application process.  This ...›

April 1, 2020Coronavirus, Small Business

Treasury Department Issues Guidance (and Application) for Paycheck Protection Program Loans

On Tuesday afternoon, the Treasury Department released its guidance concerning the Paycheck Protection Program (PPP), which was authorized by Congress under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  Under the PPP, qualified small businesses, eligible non‑profits, self-employed individuals, and independent contractors may apply for loans to cover payroll costs, rent, and utilities.  Some ...›

December 9, 2019Small Business

SBA’s Long-Awaited Implementation of the Runway Extension Act Is Finally Here

For many small business government contractors, the winter holidays came early on December 5, 2019, when the Small Business Administration (“SBA”) issued its final rule adjusting its regulations on the calculation of average annual receipts in small business size determinations for revenue-based size standards. Since Congress passed the Small Business Runway Extension Act of 2018 ...›

September 16, 2019Small Business

MoFo Webinar: Navigating Small Business and Disadvantaged Business Opportunities

On Wednesday, September 18, 1-2:30PM ET, MoFo partner Damien Specht and associate Ali Young will present a Clear Law Institute webinar titled “Navigating Small Business and Disadvantaged Business Opportunities.” The Federal Government gives many opportunities to small businesses, granting them more than $100 billion in contracts each year, and prime contractors contributing billions more in ...›

August 20, 2019Small Business

Five-Year Annual Receipts: Don’t Start Until SBA Says “Go!”

Absent further action by the Small Business Administration (“SBA”) Office of Hearings and Appeals or a Federal Court, the GAO has effectively ended the argument as to whether the Small Business Runway Extension Act of 2018 (“Runway Extension Act”) immediately changed the annual receipt average for revenue-based small business size standards from three years to ...›

Small Business
August 8, 2019Small Business

Highlights From the Currently Stalled Small Business Administration Reauthorization and Improvement Act of 2019

Last month, Senator Marco Rubio, Chairman of the Senate Committee on Small Business and Entrepreneurship, released the Chairman’s mark to the Small Business Administration (SBA) Reauthorization and Improvement Act of 2019 (the “SBA Reauthorization Act”).  This legislation aims to modernize and streamline SBA programs, and would be the first comprehensive reauthorization of the Small Business ...›

April 22, 2019Small Business

Key Takeaways from the Small Business Administration’s Revised Policy Directives for the SBIR and STTR Programs

The Small Business Administration (SBA) has statutory authority to establish federal Government-wide policies to implement the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. SBA recently issued a significantly revised final SBIR/STTR Policy Directive, which is effective May 2, 2019. See 84 FR 12794. Below we highlight the major changes implemented ...›

Class Waivers of the Non-Manufacturer Rule: New OHA Decision Creates Uncertainty

Those familiar with Federal procurements know the general rule:  If you submit a proposal against a solicitation despite disagreeing with one of its provisions, you usually waive the right to challenge that provision in the future.  That rule applies to bid protests at both the Government Accountability Office (GAO) and the Court of Federal Claims.  ...›

December 20, 2018Small Business

UPDATE: Small Business Runway Extension Act of 2018

The Small Business Runway Extension Act of 2018 is now law.  As we discussed in a previous post, the Act changes the look-back period for calculating gross annual receipts from three to five years for purposes of determining size.  In the coming year the Small Business Administration will likely promulgate implementing regulations interpreting the new ...›