WCRE COVID-19 Resource Center

Big Banks Temporarily Shut Out of Small Business Loan Portal

Big Banks Temporarily Shut Out of Small Business Loan Portal

Treasury and the Small Business Administration said Wednesday that they will temporarily shut out big banks from the electronic loan...
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New Jersey’s Roadmap to Recovery

New Jersey’s Roadmap to Recovery

Today, Governor Murphy announced a six-step process in his Road to Recovery plan. The stay-at-home Executive Order, which has been...
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PPP Program Now Accepting New Applicants

PPP Program Now Accepting New Applicants

The Federal small business loan program meant to offer a lifeline to companies that have seen their revenues dry up...
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NJ Governor Signs Executive Order Providing Short-Term Support for Renters

NJ Governor Signs Executive Order Providing Short-Term Support for Renters

Governor Phil Murphy today signed Executive Order No. 128, allowing tenants to direct their landlords to use their security deposits...
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Trump Signs $484 Billion Relief Bill for Small Business

Trump Signs $484 Billion Relief Bill for Small Business

President Donald Trump signed the latest $484 billion coronavirus relief bill into law Friday. It injects new money into aid...
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SBA Issues New Guidance for PPP Loans

SBA Issues New Guidance for PPP Loans

The Small Business Administration issued new guidance on Thursday that makes it “unlikely” that big publicly traded companies can access...
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Senate Passes Additional $484 Billion Relief Package for Small Business

Senate Passes Additional $484 Billion Relief Package for Small Business

Senate Republicans and Democrats reached a deal Tuesday on a $484 billion coronavirus relief package for small businesses, hospitals and...
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COVID-19 EMPLOYMENT UPDATE

COVID-19 EMPLOYMENT UPDATE

Here is a list of useful websites to help you and your business navigate the COVID-19 regulatory landscape, including some...
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N.J. Legislature Passes Bills Aimed at Business Relief

N.J. Legislature Passes Bills Aimed at Business Relief

The state Legislature passed a bill Monday giving the governor power to suspend rent for three months for New Jersey’s...
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Key Income Tax Provisions in the CARES Act

Key Income Tax Provisions in the CARES Act

Let's look at the key income tax provisions in the CARES Act. While a great deal of attention has been...
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PPP Loans for 1099 Independent Contractors

PPP Loans for 1099 Independent Contractors

A Paycheck Protection Program (PPP) loan is part of the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES)...
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IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others

IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others

To help taxpayers, the Department of Treasury and the Internal Revenue Service announced today that Notice 2020-23 (PDF) extends additional key tax...
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WCRE Owner Jason Wolf Discusses the New Normal

WCRE Owner Jason Wolf Discusses the New Normal

Like many in the commercial real estate business, Wolf Commercial Real Estate Managing Principal Jason Wolf started 2020 on an...
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Fed Unveils Details of Main Street Lending Program

Fed Unveils Details of Main Street Lending Program

The Federal Reserve on Thursday announced a bevy of new moves aimed at getting another $2.3 trillion of financing into...
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NJ Non-Essential Construction Activity Shut Down and Retail Limitations

NJ Non-Essential Construction Activity Shut Down and Retail Limitations

Governor Murphy announced on Wednesday, April 8, 2020, a pending Executive Order that will impact business operations across the State...
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Mnuchin Seeks $250B More in Small Business Aid

Mnuchin Seeks $250B More in Small Business Aid

Mnuchin seeks $250 billion more in small business aid, as Senate vote is planned for Thursday. Treasury Secretary Steven Mnuchin...
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NJEDA Unveils Business Relief Grant Application

NJEDA Unveils Business Relief Grant Application

NJEDA rolls out application for $10M COVID-19 business relief grant (updated) The New Jersey Economic Development Authority rolled out the...
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Why All Businesses Should Apply for the PPP

Why All Businesses Should Apply for the PPP

Confusion abounds, especially during this crazy time and dealing with the well-intentioned government funding relief. My friends, mistakes happen. Fortunately,...
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UPDATE – Paycheck Protection Program & SBA Guidelines

UPDATE – Paycheck Protection Program & SBA Guidelines

The CARES Act sets forth a loan program called the Paycheck Protection Program, (“PPP”), which, if you have less than...
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New Jersey Emergency Small Business Grant Application Opens Tomorrow

New Jersey Emergency Small Business Grant Application Opens Tomorrow

The New Jersey Economic Development Authority (NJEDA) will launch the application for its Small Business Emergency Assistance Grant Program tomorrow,...
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NJEDA COVID-19 Economic Relief Package

NJEDA COVID-19 Economic Relief Package

NJEDA initiatives aimed at stabilizing and revitalizing local small businesses, midsize businesses, and other early-stage companies. NJEDA has developed an...
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The CARES Act and Commercial Real Estate

The CARES Act and Commercial Real Estate

Signed into law by President Trump last Friday, the CARES Act is designed to provide assistance to American workers, families,...
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(COVID-19 Update) CARES ACT

(COVID-19 Update) CARES ACT

The Senate and House have passed the CARES Act which is a stimulus package for the nation and includes several...
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(COVID-19 Update) Implications for Landlord-Tenant Relationships

(COVID-19 Update) Implications for Landlord-Tenant Relationships

In light of COVID-19 and the evolving climate resulting therefrom, Commercial and Residential Landlords are being presented with difficult decisions...
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