Skip to Content
Top
COVID-19 Resources

Under the CARES Act, businesses with less than 500 employees who have been impacted by the COVID-19 outbreak are eligible to participate in the Payroll Protection Program. This program allows eligible businesses to seek loans in the amount of 2.5x their average monthly salary in the previous year (there is a $10m limit). The loan proceeds are to be used to pay payroll, mortgage/rent payments and utilities. There is a possibility that all, or part of the loan can be forgiven if it is used for permitted uses (e.g. payroll, etc). Guidance indicates that at this time, at least 75% of the funds should be used for payroll expenses to be eligible for loan forgiveness.

The loans will be available for approved SBA lenders.

Below are links relating to the program. If you have questions concerning this program please contact our office and we'd be more than happy to assist you.

https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp

https://home.treasury.gov/system/files/136/PPP Borrower Information Fact Sheet.pdf

Paycheck Protection Program (PPP) Frequently Asked Questions


Please find New Jersey Economic Development Authority resources below.

NJEDA Economic Relief Package

Families Fist Coronavirus Response Act

  • New Jersey State Bar
  • NYSBA
  • USDC - NJ
  • USDC - NY
  • USDC - EDNY
  • The Florida Bar
  • DOC
  • USC - TJC
  • NJDA
  • MBA
  • CLM
  • NJMTA
  • TLA
DOING EVERYTHING IN OUR POWER TO PROTECT OUR CLIENTS' BEST INTERESTS Importance of Hiring a Trial Attorney

Contact Our Firm

We are here to protect your rights and best interests.
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.