Gery Rodriguez-Albizu, Author at Rodriguez-Albizu Law, P.A. Palm Beach, Martin and Saint Lucie Counties

The Paycheck Protection Program (“PPP”) Highlights

Apr 12, 2020 | COVID-19 Federal Funding Programs Updates, Updates

Authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as: The loan proceeds are used to cover payroll costs, and...

Economic Injury Disaster Loans (EIDL) EMERGENCY GRANT through the Small Business Administration (SBA)

Apr 12, 2020 | COVID-19 Federal Funding Programs Updates, News, Updates

Overview – The (EIDL) Economic Injury Disaster Loan Grant Offers up to a $10,000 grant to businesses as an operating advance through the SBA. The SBA is now offering this grant as part of their new EIDL loan application process. There are a lot of misconceptions...

The Coronavirus Aid, Relief, and Economic Security (CARES) Act

Apr 7, 2020 | COVID-19 Federal Funding Programs Updates, News

(CARES) Act has allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their...

SBA Disaster Assistance – For Florida Small Businesses Impacted by Coronavirus

Mar 19, 2020 | COVID-19 Federal Funding Programs Updates, News

SBA Disaster Assistance Available for Florida Small Businesses Impacted by Coronavirus Today, the U.S. Small Business Administration announced that small businesses located in the State of Florida adversely impacted by COVID-19 can now apply for disaster loans. For...

Part Two – The significantly re-vamped version of the Florida Business Corporation Act (the “FBCA”).

Feb 27, 2020 | News

This is part two of the significantly re-vamped version of the Florida Business Corporation Act (the “FBCA”), which went into effect on January 1, 2020. This article highlights some of the changes to the previous FBCA that Florida corporations may encounter if they...