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Pandemic Economic Stimulus: Legislative and Regulatory Developments as of April 9, 2021
This week the Small Business Administration clarified the Paycheck Protection Program (PPP) requirement that a PPP loan applicant not be involved in a bankruptcy at the time it applies for a PPP loan. The United States Patent and Trademark Office announced it will launch an award under its Patents for Humanity Program for inventions that address the pandemic. There were no fiscal stimulus legislative proposals of note this week.
Pandemic Economic Stimulus: Legislative and Regulatory Developments as of April 2, 2021
This week President Biden signed into law bipartisan legislation that extends the Paycheck Protection Program (PPP) loan application deadline from March 31 to May 31. There were no regulatory developments of note.