COVID-19 has caused a complete economic shut down as social distancing, stay-at-home orders, and quarantines are now the norm. Many businesses had the foresight to purchase business interruption insurance to provide financial certainty during uncertain times. The question is whether business interruption insurance covers a pandemic such as COVID-19 and the answer depends on the […]
When the Paycheck Protection Program rolled out the morning of April 3, many faith-based nonprofits had legitimate concerns about their eligibility for such loans or the impact of receiving federal financial assistance. We explored those issues in this post and advised faith-based nonprofits that were otherwise interested to apply but watch for the SBA’s promised […]
In light of the unprecedented worldwide outbreak of COVID-19, the City of Seattle has imposed restrictions on commercial and nonprofit evictions in Seattle. This blog post is an FAQ meant to address some of the most pressing questions surrounding these new restrictions on small business and nonprofit evictions in Seattle. City of Seattle Small Business […]
In light of the unprecedented worldwide outbreak of COVID-19, state and local governments have imposed restrictions on residential evictions throughout Washington State. Specifically, Governor Inslee issued a statewide moratorium on residential evictions through at least April 17, 2020, and the City of Seattle has imposed an even more widespread ban on most residential evictions. […]
The Paycheck Protection Program of the CARES Act goes live today (though lenders are expressing concern about preparedness). This post is intended for religious nonprofits that have questions about the strings attached to governmental aid. What rights will they relinquish as a condition of accepting a government-guaranteed, forgivable loan? These concerns are rooted in the […]
