Sometimes you don’t find your calling; your calling finds you. Ryan Schildkraut was recently interviewed by Minnesota Lawyer about his career journey, including a detour as an investment banker before returning to Winthrop. Get to know Ryan and learn more about his drive for helping clients by reading the full article here (subscription required).
Congress has authorized a promising grant program for restaurants, bars, breweries, food trucks and caterers, with grants awarded based on the recipient’s decline in revenues during 2020. The Restaurant Revitalization Fund Grant program is part of the American Rescue Plan Act of 2021, which was signed into law on March 11, 2021. Continue reading for a ...
Following intense negotiations in Washington, Congress approved the latest federal stimulus package as part of the Consolidated Appropriations Act, 2021, and the President has signed the bill into law. Included in the omnibus spending bill are modifications to the Paycheck Protection Program (“PPP”) under the title the Economic Aid to Hard-Hit Small Businesses, Nonprofits and ...
The Winthrop & Weinstine corporate law team lays out the key updates and takeaways from the second round of PPP funds.
A Post-Election Conversation with Franchisee Industry Experts
Tuesday, November 17, 2020
11:00 AM - 12:00 PM CTShareholder Ryan Schildkraut will speak on a panel about finding buyers for a small business, and avoiding the mistakes that sellers often make.
Minneapolis Club
729 Second Avenue South
Minneapolis, MN 55402
Wednesday, September 23, 2020
11:00AM - 1:00PMIf you were one of the thousands of small businesses who received a PPP loan in the initial wave of funding – or if you are still considering applying as part of the second wave – one of the key eligibility requirements for the loan substantively changed last week, at least according to the latest ...
Late Thursday, April 2, the Small Business Administration (“SBA”) released a highly anticipated Interim Final Rule and a new form of borrower application for the Paycheck Protection Program which was established as part of the CARES Act. Small businesses and banks were hopeful that the SBA would provide additional guidance on how to interpret several ...
The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) authorizes $349 billion in forgivable Section 7(a) Small Business Administration (“SBA”) loans under the Paycheck Protection Program, to be issued by qualified SBA lenders, as described further in our client alert. Prior to the passage of the CARES Act, Disaster Declarations also made available ...
The below information was updated on April 3, 2020, to include information on the Interim Final Rule and updated application. A link to our alert regarding the takeaways from Interim Final Rule is available here. This article was originally published under the title “Congress Poised to Pass Massive Loan Program for Small Businesses – What You Need ...
Note: This information is current as of 8:00 a.m. on April 1, 2020. The Small Business Administration’s Economic Injury Disaster Loan Program (EIDL) is providing up to $2 million in long-term disaster-relief loans to qualifying small businesses for economic injury suffered due to the COVID-19 pandemic. The Coronavirus Aid, Relief, and Economic Security Act (“CARES ...
COVID-19 has presented businesses in the United States and around the globe with unprecedented challenges in supply chain and business continuity and performance of contractual obligations. In this uncertain time, an often overlooked “boilerplate” contract provision may be key to understanding your rights and obligations under your business contracts: a force majeure clause. This information ...