Understanding new loan programs, including the Main Street Lending Program, EIDL and the Paycheck Protection Program.
A recording of the Winona Chamber’s learning opportunity with Dunlap Seeger. This event covered information on the Economic Injury Disaster Loan program or EIDL (an existing SBA program expanded by the CARES Act), the Paycheck Protection Program (a new loan program established by the CARES Act), and the Main Street Lending Program (a new loan program announced by the Federal Reserve this week).
As we all now wade through the effects of Coronavirus (COVID-19) on our business and markets, business owners and management need to quickly identify and plan for issues. Below is a brief, non-exhaustive checklist of some key business areas to assess. These initial considerations are intended to help first identify the issues your company faces, then an analysis, prioritization and understanding of the circumstances become your vital next step. Contracts: Identify and review existing, critical contracts for key provisions impacting your More +
Dunlap Seeger Attorneys Greg Griffiths, Dave Pederson, John Beatty and Hilary Stonelake-Curtis provide an update regarding business-related COVID-19 issues during this webinar hosted on 3.27.2020.
Review your workplace policies to consider any measures necessary to protect employees from the current outbreak: Travel policies – consider alternatives to work-related travel to affected areas, and other potential measures to implement around business and personal travel Prepare policies for operations under multiple scenarios and locations Develop business continuity plans in preparation for closures in offices and facilities Test remote access to systems Identify critical business functions which are unable to be performed remotely and develop solutions to perform those More +