Tag Archives: cares act
Fed Unveils Main Street Lending Program As Businesses Continue to Look for Support
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- Additional loan facility aims to support businesses who did not receive PPP funding
- Different loans will be made to businesses up to 15,000 employees, $5 billion in revenue
- Program is backed by Federal Reserve and was created by the CARES
Posted in COVID-19 News, News & Articles
Also tagged Coronavirus, Coronavirus Response Team, Coronavirus Response Team (CRT), covid-19, dsjcpa, Federal Reserve, long island accountant, Main Street Lending Program, PPP funding
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HHS Implements Rigorous Reporting Requirements for Healthcare Providers That Received CARES Funding
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- Recipients of Provider Relief Funds required to file reports quarterly, beginning June 30
- Healthcare providers rapidly approaching May 24th deadline to accept funds and T&Cs
- If lost revenues or COVID-19 expenses are less than funds received, HHS set to claw
Posted in COVID-19 News, News & Articles
Also tagged accountant, accounting, Coronavirus, Coronavirus Response Team, Coronavirus Response Team (CRT), covid-19, dsj cpa, dsjcpa, healthcare, long island accountant, long island accounting firm, Provider Relief Funds
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