Pennsylvania announced a new program that will give out 200 million dollars to small businesses impacted by the COVID-19 pandemic. The COVID-19 Relief Pennsylvania Statewide Small Business Assistance Program will provide grants to businesses with less than one million dollars in gross revenue. The amount of the grant varies and depends on the gross revenue…
A new Fund has been announced to help small business owners who are suffering as a result of the Pandemic. The Northeast Pennsylvania Manufacturers and Employers Association announced the creation of the Pennsylvania 30 Day Fund. Small businesses that qualify would be entitled to a forgivable loan of $3,000.00. To be eligible, the small business…
Is the pandemic over? Can I open my business? Can we gather in groups of more than 250 people? If I open my business, are there any restrictions? Many questions are surfacing after hearing that PA lawmakers voted to end the disaster emergency. Here’s what happened (and what didn’t happen). Late Tuesday night, PA lawmakers…
Governor Tom Wolf announced today that real estate transactions are permitted to resume, effective immediately, provided that certain precautions are taken throughout the entire Commonwealth. Despite whether a county is in the red or yellow re-opening phase of the Governor’s plan, real estate activities are permitted as long as safety protocols are followed. More specifically,…
Author: Ashley M. Securda, Esq., Partner I have received many phone calls from clients regarding a loved one who passed away in either 2018 or 2019, yet they have received an economic impact payment (“EIP”) as authorized by the Coronavirus Aid, Relief and Economic Security Act (CARES Act). The question is whether or not a…
For many people, the amount of closing costs is important when buying a house. Unfortunately, it is almost impossible to obtain an exact amount in advance due to the fact that many fees and costs can vary from the date you first view the property to the date the Deed is actually signed over to…
Author: Ashley M. Securda, Esq., Partner The Pandemic Unemployment Assistance Program (PUA) created by the CARES Act extends eligibility to those that wouldn’t traditionally qualify for Unemployment Compensation (UC) benefits. Wondering if you’re eligible for PUA benefits? Here’s what the CARES Act defines as an eligible individual. You are not eligible for regular compensation or…
The Pennsylvania Department of Labor and Industry launched the application process April 18, 2020, for those that are unemployed due to the COVID-19 pandemic who traditionally would not qualify for benefits. The CARES Act, which was passed on March 27, 2020, created three temporary relief programs for individuals that are unemployed due to the coronavirus…
Author: Ashley M. Securda, Esq., Partner The Coronavirus Aid, Relief, and Economic Security Act, also known as the “CARES Act,” in its final version, was over 800 pages and contained various laws that impacted Americans nationwide. Did you know that the CARES Act also may have impacted your federal student loans? Federal Student Loans First,…
Author: Ashley M. Securda, Esq., Partner Paycheck Protection Program On March 27, 2020, Congress enacted the Coronavirus Aid, Relief and Economic Security Act (also known as the CARES Act) which created a program which incentives small businesses for retaining their employees during the current pandemic. Under the program, small businesses can apply for a loan…