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Paycheck Protection Program

8/10/2020

article Fed’s Main Street program funneled its first loans to casinos, roofers and dentists.
(Washington D.C.) -- The Federal Reserve released detailed data on Monday on its first-ever attempt to get loans to midsize businesses, and the figures show that the...

8/9/2020

article Bennet introduces bill to help tribal businesses obtain PPP loans
(Washington D.C.) -- Sen. Michael Bennet, D-Colo., introduced a bill Wednesday that would allow businesses that share an Employer Identification Number to submit...

8/6/2020

article Federal Reserve data show little appetite so far for its $600 billion ‘Main Street’ lending program
(Washington D.C.) -- The Federal Reserve’s $600 billion Main Street lending facility had covered less than $77 million in loans to only eight companies near the...

8/5/2020

article Bennet introduces bill to help tribal businesses obtain PPP loans
(Washington D.C.) -- Sen. Michael Bennet, D-Colo., introduced a bill Wednesday that would allow businesses that share an Employer Identification Number to submit their...

7/30/2020

article $8.5 Million PPP Loan Recipient Went To Vegas, Accused Of Fraud According To DOJ
(Las Vegas) -- I have written about how to legitimately apply for and seek forgiveness of Paycheck Protection Program (PPP) loans for small businesses for a while now,...

7/17/2020

article Los Angeles Man Stole Over $8.5 Million in Coronavirus Relief Money, Feds Say
(California) -- A Los Angeles man was arrested and charged on Thursday with fraudulently seeking over $8.5 million in coronavirus relief funds.

7/16/2020

article A Sacramento-area card room was closed by regulators in January. Then it got a PPP loan
(California) -- The federal government’s popular Paycheck Protection Program loans were supposed to be limited to businesses that were clobbered by the shutdown of...
article Federal Reserve Clarifies that Distributions to Tribal Governments are Permitted Under the Main Street Lending Program
(Washington D.C.) -- On July 15, 2020, the Federal Reserve Bank of Boston issued new guidance expressly permitting tribal businesses that are borrowers under the Main...
article California man accused of gambling away COVID relief funds in Vegas
(Las Vegas) -- A California man was arrested and ordered held without bond on Thursday for fraudulently obtaining some $9 million in coronavirus relief funds and using...
article LA Man Accused Of Fraudulently Obtaining $9M In PPP Loans, Spending Hundreds Of Thousands Gambling In Vegas
(California) -- A Beverly Grove man was being held without bond Thursday after being arrested on federal charges alleging that he fraudulently obtained millions of...

7/10/2020

article At least $130M issued in PPP loans to businesses in Southwest Colorado
(Colorado) -- As businesses struggle to maintain revenue during the pandemic, data released this week by the U.S. Small Business Administration shines a light on which...

7/8/2020

article FaZe Clan among several esports organizations receiving PPP loan money
(Washington D.C.) -- The biggest players in the esports industry are no strangers to eight-figure fundraising hauls. Investors sank a total of $4.5 billion into esports...

7/7/2020

article A strip club, churches and a casino in southwest Illinois got federal coronavirus loans
(Illinois) -- From a strip club and churches to hospitals and casinos, an eclectic mix of businesses across southwestern Illinois received forgivable loans from the...

7/4/2020

article Securing a PPP Loan Helped to Power Tocabe’s Reopening
(Colorado) -- For more than 11 years, Tocabe, an indigenous eatery, has served up culturally distinct food in Colorado. Counting two locations plus a food truck, Tocabe...

6/8/2020

article Nevada Congresswoman Pushed for COVID Loans for Casinos. Her Husband Got Two.
(Washington D.C.) -- This past April, a freshman Nevada congresswoman lobbied the federal government to expand coronavirus aid to her state’s gaming industry. Two...

5/6/2020

article Kiowa Tribe receives additional $3.4 million in Payroll Protection Program funding
(Oklahoma) -- With the U.S. government moving forward to release money for tribal governments to supplement during the COVID-19 crisis, the Kiowa Tribe of Oklahoma has...

5/4/2020

article Why some lawmakers want cannabis companies and casinos to be eligible for coronavirus loans
(Washington D.C.) -- On Sunday, the Trump administration announced that the second round of the Paycheck Protection Program had already gone through over half of its $...

5/2/2020

article Tribal fishers left waiting for federal aid
(Michigan) -- For tribal commercial fishers suffering economic losses from COVID-19, help is nowhere in sight. The pandemic has devastated the wholesale fish market,...

4/29/2020

article Coronavirus Relief Loans Finally Coming To Small Casinos, But Too Late For Some
(Washington D.C.) -- Last week, the Small Business Administration (SBA) updated its guidelines for Payroll Protection Program (PPP) loans to remove the exclusion of...

4/28/2020

article After lobbying push, casinos are eligible for small-business funds under new stimulus rules
(Washington D.C.) -- Casinos with fewer than 500 employees are eligible to receive loans from a new pot of $310 billion in small-business funding that was released...
article Native American tribes hail newfound casino eligibility for PPP
(Washington D.C.) -- In tiny Harlem, Mont., located about 40 miles south of the Canadian border with a population of 851, the Fort Belknap Casino is a big deal. It...
article Tribal casinos can now participate in the Paycheck Protection Program
(North Dakota) -- Tribal casino revenue is vital for the communities they're in. And those who work there depend on their paychecks. But the first phase of the...

4/27/2020

article Native American small businesses, casinos now eligible for federal loans
(North Dakota) -- About 40% of the 400 employees at the 4Bears Casino and Lodge on the Fort Berthold Indian Reservation in central North Dakota were furloughed, with the...
article Rule makes small casinos eligible for Paycheck Protection Program
(Arizona) -- Small casinos that had to close due to the pandemic are now eligible to receive financial help through the Paycheck Protection Program. Several members of...
article SBA Allows Tribal Casinos to Apply to Newly Replenished Paycheck Protection Program
(Washington D.C.) -- On April 24, 2020, the Small Business Administration (“SBA”) determined that tribal casinos are eligible for the Paycheck Protection...

4/26/2020

press release Udall, Congress Successfully Push Treasury To Correct Exclusion Of Tribally-Owned Businesses From Paycheck Protection Program
(Washington D.C.) -- U.S. Sen. Tom Udall (D-N.M.) issued the following statement Friday after the U.S. Department of Treasury, Small Business Administration (SBA)...

4/24/2020

article 'Finally': Tribal gaming in line for coronavirus relief amid stiff competition for resources
(Washington D.C.) -- As Indian Country continues to fight for its share of coronavirus resources, tribes are finally seeing some good news come out of Washington, D.C....
article SBA again revises PPP guidelines; small gaming businesses can now apply for forgivable loans
(Washington D.C.) -- The Small Business Administration revised its regulatory guidelines for the Paycheck Protection Program Friday, allowing small gaming businesses to...
article SBA changes rules to make small gaming businesses eligible for stimulus
(Nevada) -- Nevada officials are applauding the Small Business Administration’s decision reversing itself to allow gaming small businesses access to Paycheck...
article Trump administration pulls rule barring PPP loans for small casinos
(Washington D.C.) -- The Trump administration eliminated a rule that denied small casinos access to $350 billion in funds allotted for small businesses shuttered by the...
article Trump administration to allow small casinos to apply for coronavirus relief loans
(Washington D.C.) -- The Trump administration revised guidelines on Friday to allow small casinos impacted by the coronavirus pandemic to receive small business loans....
article White House OKs small casinos to apply for emergency SBA loans
(Washington D.C.) -- Nevada officials are applauding the Small business Administration’s decision on April 24 to reverse course and allow small gambling businesses...
article LEGAL BLOG: COVID-19: Tribal Business FAQ for CARES Act Paycheck Protection Program
(Washington D.C.) -- Business concerns owned by Indian Tribes, Alaska Native Corporations (ANCs), Native Hawaiian Organizations (NHOs), and Community Development...

4/23/2020

article LEGAL BLOG: Practical Tips for Tribal Organization Access to the SBA Paycheck Protection Program
(Washington D.C.) -- Even with news that the initial appropriation for the Paycheck Protection Program (“PPP”), an extension of the Small Business...

4/22/2020

article Nevada lawmakers push for small gaming business loans
(Nevada) -- Nevada and states with small businesses ineligible for paycheck protection loans because they receive revenue from gaming pushed again Wednesday for help in...
article Nevada lawmakers want loan aid for small gaming outfits
(Nevada) -- Many small gaming businesses have been shut out of federal disaster loans, but Nevada’s congressional delegation is pushing for them to be included in...

4/21/2020

article Senate Approves $320B in New Paycheck Protection Program Funding
(Washington D.C.) -- The US Senate took the first step Tuesday to extend a small business COVID-19 relief program by approving a nearly half-trillion dollar spending...
article Everi gets extra US$125mln loan amid pandemic
(Las Vegas) -- Casino technology supplier Everi Holdings Inc says it has acquired a US$125-million incremental term loan and achieved some easing of conditions on an...

4/18/2020

article 'We keep getting left out': Tribal gaming remains locked out of $349 billion coronavirus relief program
(Washington D.C.) -- With some Indian Country businesses still locked out of a $349 billion coronavirus relief fund, the Trump administration is finally getting around...

4/17/2020

article Nevada’s congressional delegation pushes bill to help small casinos
(Washington D.C.) -- Nevada’s congressional delegation sent a shot across the bow of the Trump administration Friday with legislation in the House and Senate to...
article Access to loans broadened for gambling, but many Nevada taverns still left out
(Nevada) -- Cool Dogs Sports Lounge near Boulder Highway in Las Vegas is a small tavern and pool hall, frequented by locals looking for a place to drink or play slots...
article Two weeks. $350 billion. (And a lot of tribes are waiting for help making payroll)
(Washington D.C.) -- As the United States and world abroad continue to grapple with the crippling effects of COVID-19, tribes across the country are trying to figure out...

4/16/2020

article Nevada casinos continue to struggle with little to no relief from Cares Act
(Nevada) -- After more than 35 years of business, the Lakeside Inn and Casino is permanently shutting down and more casinos may be doing the same. In a decision made...
article Professional gamblers in Nevada may now be able to collect unemployment
(Nevada) -- The coronavirus pandemic has caused unprecedented layoffs in the U.S., leading to a record number of Americans collecting unemployment benefits. In the state...
article Supervisors support tribes in seeking federal assistance for gaming employees
(California) -- The Board of Supervisors voted this week to send a letter to the federal government in support of local tribal casinos being able to seek financial...

4/15/2020

article AGA revises statement on Paycheck Protection Program guidelines
(Washington D.C.) -- American Gaming Association President and CEO Bill Miller released the following statement on the revised interim regulatory guidelines that the...
article Analyst: ‘Vast majority’ of Nevada gamers excluded from new SBA program
(Washington D.C.) -- Casinos with fewer than 500 employees can participate in the Small Business Administration’s Paycheck Protection Program if their gaming...
article Changes to US loan program for small businesses fall short, AGA says
(Washington D.C.) -- American Gaming Association (AGA) President and CEO Bill Miller said that the revised interim regulatory guidelines that the Small Business...
article Closed By Coronavirus And Omitted From Federal Dispersement, Small US Casinos Plead For Relief
(Washington D.C.) -- Small casinos around the US are waiting with bated breath to find out if they qualify for federal COVID-19 relief. Under the Coronavirus Aid Relief...
article Las Vegas Mayor, Unemployed Nevadans Enraged with State Coronavirus Response
(Nevada) -- Las Vegas Mayor Carolyn Goodman (D) and hundreds of thousands of unemployed Nevadans are fed up with the state’s response and handling of the COVID-19...

4/14/2020

article 'We keep getting left out': Tribal gaming remains locked out of $349 billion coronavirus relief program
(Washington D.C.) -- With some Indian Country businesses still locked out of a $349 billion coronavirus relief fund, the Trump administration is finally getting around...
article AGA Statement on Revised Paycheck Protection Program Guidelines
(Washington D.C.) -- American Gaming Association President and CEO Bill Miller released the following statement on the revised interim regulatory guidelines that the...
article Bars with slots get federal bailout, small casinos, not so much
(Washington D.C.) -- Some of America’s smallest gaming operators now qualify for the federal government’s pandemic bailout but the US casino lobby says the...
article Casinos win federal relief after coronavirus deals a bad hand
(Washington D.C.) -- Closed for the first time in 28 years, the entrances to the sprawling Foxwoods Resort Casino are now blockaded. Ninety-nine percent of the resort...
article Gaming business rule change doesn’t mollify Nevada lawmakers
(Washington D.C.) -- Under pressure from Nevada officials and the American Gaming Association, the Trump administration on Tuesday changed rules to allow more small...
article SBA allows small casinos to access emergency loans
(Washington D.C.) -- Casinos with fewer than 500 employees can participate in the Small Business Administration’s Paycheck Protection Program if their gaming...
article Bicycle, Gardens Casinos, Other California Card Rooms in Bind for PPP Funds
(California) -- Bell Gardens, Calif. and Hawaiian Gardens, Calif. are homes to the Bicycle Hotel and Casino and Gardens Hotel and Casino – two of the dozens of...

4/13/2020

article Amodei: Mnuchin's comments on casinos indicate he will discriminate; SBA plagued by "cultural arrogance"
(Washington D.C.) -- Rep. Mark Amodei needled the treasury secretary Monday after Steven Mnuchin took issue at a press briefing with the use of the word casino to...

4/12/2020

article Wyden, Merkley: All tribal businesses need equal access to relief
(Washington D.C.) -- Sens. Ron Wyden and Jeff Merkley called on the Small Business Administration and U.S. Department of Treasury on Friday to provide immediate...
article Supervisors to ask SBA to consider help for tribal casinos
(California) -- The Board of Supervisors this week will ask the US Small Business Administration to extend assistance to tribal governments and their casinos, which are...
article Nevada gaming businesses: We deserve federal aid
(Nevada) -- As small businesses are hit with the brunt of the shutdowns brought about by the coronavirus pandemic, one industry also has been frozen out of economic aid...

4/10/2020

article LEGAL BLOG: Why Paycheck Protection Program Should be Opened to Tribal Gaming Enterprises
(Washington D.C.) -- On March 27, 2020, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to the economic crisis caused by...

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