SNW.LAW

Senate Passes the Paycheck Protection Flexibility Act; President Signs into Law on June 5, 2020

On Wednesday, June 3, 2020, the Senate passed the Paycheck Protection Program Flexibility Act of 2020 (the ”Act”), which the President signed into law on June 5, 2020. This Act significantly changes the Paycheck Protection Program. Note, we expect additional regulations to modify or clarify aspects of this Act, as was the case with the PPP. …

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A Business Succession Plan Is More Important than Ever

Business succession is an important topic in the best of times, but in the era of the novel coronavirus or COVID-19, when the future is uncertain, business succession becomes an even more important topic. Why should you have a business succession plan in the event key leaders or officers are suddenly unavailable? A business succession …

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SNW Hosts Business Interruption Webinar– Watch a Recording!

Sternberg, Naccari & White, LLC gave a Business Interruption Webinar on April 1, 2020, for the benefit of clients and friends. SNW attorneys, Justin Alsterberg, Suzy Montero, and Michael Finkelstein gave a concise summary of the act and answered questions from numerous attendees across the United States. SNW is a firm built for this, and …

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Federal Housing Finance Agency Multifamily Property Forbearance

The Federal Housing Finance Agency (FHFA) announced on March 23, 2020 that, in order to keep renters living in multifamily properties in their homes and to support multifamily property owners during the coronavirus national emergency, Fannie Mae and Freddie Mac (referred to as the Enterprises) will offer multifamily property owners mortgage forbearance with the condition that …

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SNW to Host CARES Act Webinar Monday, March 30, 2020 at 1:30 p.m. for Firm Clients and Friends

The CARES act has passed the United States Senate, the United States House of Representatives, and now goes to President Trump for his signature.  When President Trump signs the bill, the process of evaluating its provisions — and how to take advantage of the business stimulus package — will begin at businesses across the country. …

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SBA Loan Applications Open for Small Businesses!

https://www.youtube.com/watch?v=rtO4HUalgt8 In response to the novel coronavirus (COVID-19) outbreak, Louisiana businesses are now eligible for Small Business Administration disaster loans. As a result, small businesses and private, non profit organizations facing substantial economic injury as a result of the COVID-19 outbreak in the state of Louisiana may now be eligible for up to $2,000,000 in …

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