On January 15, 2019, Governor Pritzker signed Public Act 100-1177 which amended Illinois' Prevailing Wage Act (the "Act") in many ways. One noteworthy amendment to the Act is the requirement that the Illinois Department of Labor develop an online database for...
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Month: April 2020
SBA LOANS AVAILABLE FROM THE COVID-19 CARES STIMULUS PACKAGE
by coreystern | Apr 6, 2020 | Covid 19, Financing, Loans, SBA
On March 27, 2020, President Trump signed into law a $2 trillion coronavirus emergency stimulus package called the CARES (Coronavirus Aid, Relief, and Economic Security) Act. On Friday and throughout the weekend, the SBA has provided guidance to Lenders on the...