DW-China Trade Update (36th Edition)
By EsqSocial Corporation 03/02/21
Congress Restricts Chinese-Owned US Companies in Second PPP Loan Program - Last spring, as COVID began to threaten U.S. businesses, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), which authorized the U.S. Small Business Administration (the “SBA”) to offer a Paycheck Protection Program (the “PPP”) providing loans to help businesses keep their workforce employed during the COVID-19 crisis....
By: Dickinson Wright