A new round of Payroll Protection Program loans is now available – here are how new loans differ from the first round. Loans are available through March 31.
Read More
So what will the critics (myself included) have to say about the sequel to the not so little darling of the United States’ pandemic economy, the Paycheck Protection Program? Really, it is too early to tell, but let’s take a look.
Read More
Billions from the federal governmen in new funding is available for businesses and other organizations through new COVID-19 relief legislation signed into law over the weekend by President Trump. But there are many changes from the CARES Act package passed earlier in the year, epecially in the Payroll Protection Plan. Here’s an overview with links to two in-depth assessments of the new plan.
Read More
Thomas Zamadics, Jr., an attorney at North Carolina-based law firm Ward and Smith, offers his analysis of the new Payroll Protection Plan as reflected in the Consolidated Appropriations Act, 2021, signed by President Trump on Dec. 27. At the time of this writing, there are discussions in Congress to make changes to some portions of the Act. However, there is no indication that those discussions involve making further changes to the PPP provisions found in the Act. If Congress makes any further changes, we will update this article accordingly.
Read More
The new pandemic relief package signed into law by President Trump on Sunday night includes a new round of Payroll Protection Plan funding – $284 billion – and other help for small businesses. But there are significant changes from the PPP plan launched earlier this year. Here’s an assessment of the new plan as provided by the CEO of the North Carolina Bankers Association.
Read More
From the kitchen to athletics fields to larger corporations, North Carolina businesses faced pandemic-related shutdowns in March. But Congress provided businesses with a lifeline through the Paycheck Protection Program. Here’s a look at what happened in North Carolina.
Read More
JPMorgan Chase is investigating the role its employees may have played in potential abuse of Paycheck Protection Program loans and other pandemic relief programs.
Read More
Steve Case, the founder of AOL and now the leader of Revolution, which focuses on emerging companies, says Congress should provide more relief to startups in order for them to deal with the ongoing pandemic.
Read More
Three months after the CARES Act was signed into law, the number of COVID-19 cases is once again soaring across the country, and the pandemic continues to rage through the economy. So just how effective was the huge stimulus package? Two UNC professors take a look and offer suggestions for future efforts.
Read More
