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Here Are The 298 Costliest Rules In The New Unified Agenda Of Federal Regulations

Here Are The 298 Costliest Rules In The New Unified Agenda Of Federal Regulations
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Tecogen Reports 2020 Results

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Tecogen Reports 2020 Results
Tecogen IncMarch 11, 2021 GMT
Waltham, MA - ( NewMediaWire ) - March 11, 2021 - Tecogen Inc. (OTCQX:TGEN, the “Company”), a leading manufacturer of clean energy products, reported revenues of $28.3 million for the year ended December 31, 2020 compared to $33.4 million for 2019, a 15.5% decrease. All segments were adversely impacted by business interruptions resulting from the COVID-19 pandemic. Product revenues decreased to $10.5 million in 2020 from $13.0 million in 2019, and service revenues were $15.9 million in 2020 compared to $17.3 million for the same period in 2019 due to a decline in installation activity. Energy Production revenue decreased to $1.8 million in 2020 from $3.1 million in 2019. ....

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Assure Holdings Secures U.S. Small Business Administration Loan Under CARES Act

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Company or
IONM ), is pleased to announce that it has received a loan (
Loan ) under the United States Small Business Administration s (
SBA ) Paycheck Protection Program Second Draw Loans under the Small Business Act, Paycheck Protection Program (
PPP ), implemented pursuant to the Coronavirus Aid, Relief, and Economic Security Act.
On March 2, 2021, Assure executed a PPP promissory note and received a $1,664,700 unsecured PPP loan, which matures on February 25, 2026 (the
Loan ). The Loan carries an interest rate of 1.0% per annum, with principal and interest payments due on the first day of each month, with payments commencing on the earlier of: (i) the day the amount of loan forgiveness granted to Assure is remitted by the SBA to the Bank of Oklahoma; and (ii) ten (10) months after the end of the twenty-four (24) week period following the grant of the Loan. All or a portion of the Loan may be forgiven if the Company maintains its emplo ....

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PPP Loan Portal Reopened for First- and Second- Draw Loan Applications | Farrell Fritz, P.C.

The Second Draw Rules address the new PPP loans available for borrowers. These are generally subject to the same terms and conditions as the first draw PPP loans, which are described more fully below. The Consolidated Initial Rules, in the SBA’s own words, primarily “restates existing regulatory provisions to provide lenders and new PPP borrowers a single regulation to consult on borrower eligibility, lender eligibility, and loan application and origination requirements, as well as general rules on increases and loan forgiveness for PPP loans.”[1] To enhance the “readability” of the guidance, the Consolidated Initial Rules generally does not include the policy and legal justifications for the existing regulatory provisions, but those can be found in the original interim final rules. ....

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Navigating Second Draw PPP Loans | Orrick, Herrington & Sutcliffe LLP

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On December 27, 2020 the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid Act) was signed into law, which reopened the Paycheck Protection Program (PPP) both to first-time borrowers and, subject to stricter conditions and limits, to borrowers that previously received a PPP loan (second draw borrowers).
[1] Under the Economic Aid Act, the last day to apply for and receive a loan under the reopened PPP is March 31, 2021. The Small Business Administration (SBA) and the Department of the Treasury (Treasury) have recently issued various interim final rules, borrower and lender application forms, and other guidance in connection with the reopened PPP. ....

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