See Additional Updated Information on the CARES Act and PPP Loan here.
On Friday, March 27 (Enactment Date), in response to the coronavirus (COVID-19) pandemic, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed by Congress and signed by President Trump. This alert summarizes the certain loan programs and other relief available to businesses under the CARES Act. As we continue our review of the CARES Act, we will provide a more detailed advisory on this topic in the Corporate and Business section of our COVID-19 Insights page.
Loans Available to Small Businesses (Paycheck Protection Program or PPP)
Loans Available to Larger Businesses
Additional Relief for Businesses
For more Day Pitney alerts and articles related to the impact of COVID-19, as well as information from other reliable sources, please visit our COVID-19 Resource Center.
COVID-19 DISCLAIMER: As you are aware, as a result of the COVID-19 pandemic, things are changing quickly and the effect, enforceability and interpretation of laws may be affected by future events. The material set forth in this document is not an unequivocal statement of law, but instead represents our best interpretation of where things stand as of the date of first publication. We have not attempted to address the potential impacts of all local, state and federal orders that may have been issued in response to the COVID-19 pandemic.
Day Pitney Real Estate Partner Daniel Diaz Leyva was featured in The Star News Today article, "Shopping Center at Tyrone Square Mall Sells for $37.8 Million."
Day Pitney Real Estate Partner Daniel Diaz Leyva was featured in The St. Pete Catalyst article, "Tyrone Square Mall Retail Center Sells in $37M+ Deal." Diaz Leyva facilitated the closing of a $16.5 million acquisition loan in connection with the sale.
Day Pitney Press Release
Day Pitney Energy Partner Sebastian M. Lombardi was elected President of the Northeast Chapter of the Energy Bar Association (EBA).
Indigo Properties and Linkvest Capital announced the acquisition of an eight-acre development site located at N.W. 138th Street and N.W. 107th Avenue in Hialeah Gardens, FL for approximately $5.83 million.
Day Pitney Real Estate Partner Daniel Diaz Leyva was featured in The Real Deal article, "Indigo, Linkvest plan mixed-use project in Hialeah Gardens."
On August 23, Indigo Properties and Linkvest Capital announced the acquisition of an eight-acre development site located at N.W. 138th Street and N.W. 107th Avenue in Hialeah Gardens, FL for approximately $5.83 million.
Day Pitney's Providence office move was featured in the article, "Day Pitney Moves Providence Law Office to 100 Westminster," by Providence Business First.
Day Pitney Data Privacy, Protection and Litigation co-chair William Roberts' discussion with attendees of the Connecticut Water Works Association workshop on being "Breach Ready," was featured in an article for In Flow- Line, the official publication for the CWWA.