Watch the latest webinar: Government stimulus overview and discussion
We discuss recent federal action and its implications for the economy and financial markets. Originally recorded April 30, 2020.
Paycheck Protection Program loan resources
How-to guide for applying for the Paycheck Protection Program
Small Business Administration’s frequently asked questions on the Paycheck Protection Program
- Small Business Administration landing page for small business loans and disaster relief
- U.S. Treasury and Small Business Administration fact sheet on Paycheck Protection Program
- Small Business Administration size standards for U.S. small businesses (finance sector on page 31)
- Paycheck Protection Program eligible lenders
- Official Paycheck Protection Program application
Federal Reserve stimulus facilities
- Facility term sheets and additional resources from the Federal Reserve
- Federal Reserve stimulus facilities summaries
Business and individual tax returns
- IRS landing page for COVID-19-related initiatives (direct payments status tracker posted here)
- U.S. Treasury and IRS guidance on deferring tax payments due to COVID-19
Student loan and financial aid resources
- Department of Education resources regarding student loan payments, federal financial aid, etc.
- Department of Education statement regarding suspension of FSA wage garnishment
Additional small business resources
- U.S. Chamber of Commerce Coronavirus Small Business Guide
- Philadelphia Chamber of Commerce resources (free resources from law firms, accounting firms, HR consulting firms, etc.)
Additional statements and exemptions from financial regulators
- Joint statement from Federal Reserve, CFPB, FDIC, NCUA and OCC encouraging financial institutions to engage in additional lending to small businesses and exercise leniency with borrowers
- SEC provides broker-dealers temporary exemption from components of Rule 606 of Regulation NMS
- SEC, Frequently Asked Questions Concerning the COVID-19 Pandemic and the Broker-Dealer Financial Responsibility Rules