This series has reported several times in the past few weeks about the ramifications of the Coronavirus/COVID-19 pandemic and responsive resources available to Florida’s businesses, families, and individuals. For a full ‘run-down’ please visit our blog. A repeated theme has been to act quickly. Get in line immediately for these resources, for example, by contacting one’ bank or other U.S. Small Business Administration lenders.
It is now widely spread in the media that there have been ‘road bumps’ in administering the large-scale support programs, both at the federal and state levels. One need only look at today’s Florida Trend ‘Daily Pulse’ .
However, additional resources appear to be becoming available. As reported by the Greater Gainesville Chamber in its April 21, 2020 ‘COVID-19 Community Updates’:
ADDITIONAL BUSINESS AID IS ON THE WAY: The U.S. Senate has approved an additional $484 billion relief package. The bill includes $380 billion for small businesses, $75 billion for hospitals and $25 billion for COVID-19 testing.
Florida’s businesses are advised to stay attuned to this development as it quickly works its way through the legislative and then administrative processes. Do not delay.
For information about Bogin, Munns & Munns’ own response to Coronavirus readiness.
The U.S. Senate has approved an additional $484 billion relief package. The bill includes $380 billion for small businesses, $75 billion for hospitals and $25 billion for COVID-19 testing.
Note: Citations are given to the sources to respect the original authors’ copyrights.
– For more information, call Philip N. Kabler of the Gainesville, FL office of Bogin, Munns & Munns at 352.614.3958, where he practices in the areas of business, banking, real estate, and equine law. He has taught business and real estate law courses at the University of Florida Warrington College of Business Administration and Levin College of Law and is the President-Elect of the Eighth Judicial Circuit Bar Association.
To consult with an experienced business law lawyer today, call 855-686-6752
NOTICE: The article above is not intended to serve as legal advice, and you should not rely on it as such. It is offered only as general information. You should consult with a duly licensed attorney regarding your Florida legal matter, as every situation is unique. Please know that merely reading this article, subscribing to this blog, or otherwise contacting Bogin, Munns & Munns does not establish an attorney-client relationship with our firm. Should you seek legal representation from Bogin, Munns & Munns, any such representation must first be agreed to by the firm and confirmed in a written agreement.