New Law Legalizes Robotic Deliveries in Pennsylvania
Pennsylvania has a new law on the books that legalizes the use of Personal Delivery Devices, but municipalities are limited in the ways they can regulate such devices.
Change-In-Ownership Guidance for PPP Borrowers and Lenders
The latest information from the SBA, issued in Procedural Notice No. 5000-20057, has important implications for PPP recipients who have, are in the midst of, or are contemplating effecting a change in ownership of their entity. Of importance, certain changes of ownership will require the approval of the SBA, or, at the very least notice to the SBA.
New PPP Loan Forgiveness Applications Issued
By Gordon W. Prince, Esq. In light of the newly executed Paycheck Protection Program Flexibility Act (the “Act”), discussed fully here, the SBA (in consultation with the U.S. Department of Treasury) issued a revised PPP loan forgiveness application, as well…
New Rules for Forgiveness in Paycheck Protection Program Reform Bill
By Gordon W. Prince, Esq. The Paycheck Protection Program Flexibility Act of 2020, a bill that focuses on easing restrictions on small businesses who will be seeking to have their PPP loans forgiven, has been signed into law by the…
What It Means: Pennsylvania’s Judicial Emergency to End June 1
By Salvia Yi, Esq. On May 27, 2020, the Pennsylvania Supreme Court declared that the statewide judicial emergency will end as of June 1, 2020. Notwithstanding, the President Judges in each county are authorized to extend or declare local judicial…
Keep It or Return It: Major Update for PPP Loans Under $2 Million
By Gordon W. Prince, Esq. The SBA has automatically extended the safe harbor Paycheck Protection Program loan repayment deadline to May 18, 2020, in light of the new guidance it has issued regarding the good faith certification all PPP loan…
Keep It or Return It? Appropriate Handling of Government Funding During COVID-19
May 14, 2020 UPDATE: SBA guidance now provides that borrowers who received PPP loans with an original principal amount of less than $2 million will be deemed to have made the required certification regarding the necessity of the loan in good…
Governer Wolf to Accelerate Re-opening of Construction Activities
By Stephen R. McDonnell, Esq. Pennsylvania Governor Wolf recently announced a partial re-opening of businesses amid the coronavirus pandemic in the State of Pennsylvania, scheduled to begin on May 8, 2020. Pursuant to the Governor’s order, certain businesses in…
Bill Replenishes Funds for Small Business Loans and Grants
By Gordon W. Prince, Esq. If your business missed an opportunity to apply for government relief, or you were denied for lack of funds, there is another wave of relief in sight. The Senate and House have passed a new…
Analysis: PA Supreme Court Rejects Latest Challenge to Gov. Wolf’s Business Shutdown Order
By Robert C. Jefferson, Esq. Four Pennsylvania businesses and one individual sought relief from Governor Wolf’s March 19, 2020 order compelling the closure of the physical operations of all non-life-sustaining businesses in an effort to reduce the spread of the…