In response to statewide guidelines requiring businesses to close or reduce operations due to the COVID-19 pandemic, the Senate Commerce Committee today advanced legislation sponsored by Senator Vin Gopal and Senate President Steve Sweeney which would establish a...
Today, the Trustees of Ørsted’s Pro-NJ Grantor Trust Fund announced details of the fund and the process to apply. The $15 million fund was established by Ørsted following the selection of its Ocean Wind offshore wind farm project by the New Jersey Board of Public...
SBA, in consultation with the Treasury Department, has recently released additional PPP guidance and resources: How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide – By Business Type (Released 1/17/2021) SBA, in...
A Senate committee today approved a bill sponsored by Senate President Steve Sweeney and Senator Troy Singleton that would help schools and small businesses in New Jersey upgrade their water and ventilation systems to better protect the health of students, educators,...
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday,...
The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to...