Federal Paycheck Protection Program: 1) Gets New Guidance from SBA & Treasury; and 2) Congress Promises Delivery of More Funds

by Emily Mills | Apr 7, 2020 | Politics and Industry News

SACRAMENTO — The Small Business Administration (SBA), in consultation with the Department of Treasury, provided guidance today to employers on the implementation of the Paycheck Protection Program (PPP). Borrowers and lenders may rely on the guidance provided in...

Governor Newsom Unveils New Resources to Aid Small Businesses

by Emily Mills | Apr 2, 2020 | Politics and Industry News

SACRAMENTO — Today, Governor Gavin Newsom unveiled a series of new resources to aid small businesses in California amid the COVID-19 pandemic.What you need to know:1.Through the California Department of Tax and Fee Administration (CDTFA) the state is going to...

COVID-19 Related Construction Project Shutdowns Could Trigger Mechanics Lien, Stop Payment Notice, and Payment Bond Deadlines

by Emily Mills | Apr 1, 2020 | Politics and Industry News

SACRAMENTO — The following article was written for CAL SMACNA members by William C. Last. Mr. Last is an attorney who has been specializing in Construction Law for over 40 years. In this article he reviews the latest COVID-19 related project shutdowns in the Bay...

WARNING: Construction as an “Essential Industry” During COVID-19 Remains a Revocable Privilege in CA

by Emily Mills | Apr 1, 2020 | Politics and Industry News

Is construction activity allowed in California or not? This vexing question is difficult to answer with certainty because different jurisdictions have different opinions. California Governor Gavin Newsom and the federal government have both issued guidance documents...

With $349 Billion in Emergency Small Business Capital Cleared, Treasury and SBA Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds

by Emily Mills | Mar 31, 2020 | Politics and Industry News

WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated...

US Senate Publishes Small Business Guide to CARES Act

by Emily Mills | Mar 30, 2020 | Politics and Industry News

SACRAMENTO — The US Senate Committee on Small Business and Entrepreneurship has released a helpful guide for small businesses to navigate the CARES Act federal relief package. This document covers Q&A in the following areas: Paycheck Protection Program...