Hospitality Blog

June 2020

pink sticky note on a loan application reminding reader to apply for PPP Loan

Paycheck Protection Program Flexibility Act – Needed Changes to CARES Act

06/22/2020   |   BY Joshua M. Bowman and Joseph Y. Wang

After more than two months of implementation issues, outcry, and adjustments, Congress passed the Paycheck Protection Program Flexibility Act of... Read More »

Main Street Lending Program – Major Changes and Proposed Program for Nonprofit Borrowers

06/17/2020   |   BY Joseph Y. Wang

On Monday, June 15, 2020, the Federal Reserve opened the Main Street Lending Program (the “MSLP”), which is designed to... Read More »

SBA Regulatory Update: Paycheck Protection Program Flexibility Act of 2020

06/12/2020   |   BY Joshua M. Bowman and Joseph Y. Wang

UPDATE: The Deadline To Apply noted below has been extended to August 8, 2020. On June 11, 2020, the SBA published... Read More »

New Massachusetts Safety Standards and Guidelines: Restaurants and Lodgings

06/04/2020   |   BY Joseph Y. Wang

On Friday, May 29, 2020, the Massachusetts Executive Office of Housing and Economic Development issued safety standards and guidelines for... Read More »

Paycheck Protection Program Flexibility Act of 2020 – Changes To The CARES Act

06/04/2020   |   BY Joshua M. Bowman and Joseph Y. Wang

Update: Click here for revisions made by the SBA to the First Interim Final Rule on the Paycheck Protection Program... Read More »