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  • Posts by Kathleen L. Lowden
    Posts by Kathleen L. Lowden
    Associate

    Kathleen Lowden’s practice focuses on employment matters on behalf of both employees and employers, and also includes general commercial litigation. She advises employers on compliance with federal, state, and local ...

Posted in Employment

As New York state businesses gradually reopen, the state has announced the New York Forward Loan Fund. This s a $100 million loan initiative aimed at small businesses, nonprofits and small landlords that have suffered financially due to COVID-19 closures. According to Governor Cuomo, small businesses comprise 90% of the state’s businesses, and “are facing the toughest challenges.”

To be eligible for a loan, a small business must have 20 or fewer full-time employees, have annual gross revenues of less than $3 million, have been in business for at least one year, and be located in ...

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