Alert 09.23.21
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Pillsbury is carefully tracking the implications of various programs designed to stimulate the global economy and reduce financial strains caused by the coronavirus pandemic.
Our analysis spans U.S. legislative actions like the Families First Coronavirus Response Act (FFCRA) and the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act and examines the intricacies of their component programs, including funding offered by the Small Business Association (SBA) and the Treasury Department/Federal Reserve. We also anticipate still-developing stimulus efforts that can advance global financial recovery and present new opportunities for businesses to get back on their feet.
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Our team is actively addressing client questions related to the CARES Act and other stimulus developments. Since the 335-page bill was passed, we have helped clients navigate the new law and understand their opportunities to secure government assistance. We have been engaged by leading retailers, security companies, real estate interests, manufacturers, hotel chains, health care providers and others to provide a range of services, including: