Hope everyone had a great weekend! Eight days until the presidential election and chances are getting slimmer that anything will be passed in regard to COVID-19 pandemic stimulus. The Senate has confirmed Judge Amy Coney Barrett to the Supreme Court, solidifying the conservative majority on the court as it is set to consider several high-profile…
We are patiently awaiting anything to be announced on the new stimulus package that continues being negotiated. If a bill is to pass by November 3, a deal must be reached this week, according to House Speaker Nancy Pelosi. Both sides agree on the need for another round of $1,200 stimulus checks and more enhanced…
New Orleans Mayor Cantrell led the city into Phase 3.2 over the weekend, easing restrictions for live entertainment, bars with/without LDH food permits, and outdoor stadiums/arenas. On Sunday, Caddo Parish reported 117 new cases for Saturday and Sunday, the highest number in the state. Jefferson Parish had the second-highest number, with 92 new cases. East…
This webinar took place on October 15, 2020. We reviewed the recently released SBA guidance along with some of the most frequently asked questions about the FFCRA. In addition, we provided clients with an update on changes in benefit providers as well as some direction on pandemic policies and procedures, especially during a turbulent hurricane…
In the years that follow this one, 2020 will become an adjective that replaces the words ‘unfortunate’ and ‘unprecedented.’ This week, multiple European countries have reported more COVID-19 cases per capita than the U.S. France has declared a state of emergency, imposing a curfew from 9pm to 6am beginning Saturday. In the U.S., as temperatures…
Please keep those affected by Hurricane Delta over the weekend in your thoughts and prayers. It’s unfortunate that so many people who are already financially struggling due to COVID-19 will have to endure another month and a half of this turbulent hurricane season. Last week, Governor John Bel Edwards announced that Louisiana will stay in…
Today, the US Small Business Administration (SBA) in consultation with the Treasury Department released a new, simpler PPP loan application for any loans under $50k. The official application itself is just two pages accompanied by the interim final rules, and the official instructions are three pages. Since we usually cover news from our home state…
Louisiana Governor John Bel Edwards warned that Hurricane Delta was expected to make landfall as a Category 3 storm on Friday night or Saturday morning, and the entire state in its possible path. So much of the Gulf Coast is still recovering from the other major hurricanes this year, and we pray for all of…
The latest COVID-19 news surrounds the President and First Lady testing positive for Coronavirus late last week. Trump has just been discharged from Walter Reed National Military Medical Center this evening. It’s not clear what steps have been taken to prevent further spread within the White House, as US press secretary and several staff members…
Since the U.S. Small Business Administration launched an online portal for loan forgiveness in early August, the agency has received more than 96,000 applications from businesses seeking to have their loans forgiven—but none have been approved, William Manger, SBA’s chief of staff and associate administrator, recently told U.S. House lawmakers. Consequently, the U.S. Department of…
