Important Update! The senate just passed an amendment to the CARES Act (H.R. 748) that adds an additional $310 Billion in funding to the Paycheck Protection Program (PPP), $60 Billion to the Economic Injury Disaster Loans (EIDL), $75 Billion to hospitals and PPE, and $25 Billion to COVID-19 testing. Guys, this amendment is huge for the continuance of small businesses and for better management of our health crisis, propping up necessary hospitals and testing initiatives, for the nation to endure this pandemic, both securely and economically.
I briefly go through the actual Senate amendment, pulled it before it's logged into the congressional record tonight, so you all have this info pronto. It’s going to vote in the house this Thursday, and if your bank had rejected your PPP loan application and it was a community bank, chances are, they’ll take your application again — because the SBA is required to back at least $30 Billion in community lender PPP loans, which is a huge win for small businesses throughout the nation.
Haseeb joined the Department of Management in Spring 2019 as an Adjunct Lecturer, focusing on entrepreneurship and business development. Haseeb holds a B.S. in Business Administration with a double major in Psychology from Carnegie Mellon and a J.D. from University of Tennessee College of Law. He has been a Tennessee licensed attorney since 2011, and a self-taught coder since 2000. Haseeb presently serves as a full-time Attorney and Entrepreneur-in-Residence (EIR) for Morehous Legal Group, PLLC. He has received statewide recognition as a “Legal Pioneer” for his perspectives on the law industry and his work with startups and entrepreneurs at all stages. Affectionately known by his initials, HQ remains actively involved in several organizations visible within the Knoxville community. He is committed to the advocacy of this region, its people, and to its creative and productive energy. Haseeb spends most of his downtime with his wife and helping others wherever possible. Feel free to send him a DM at @_hq on Instagram or Twitter, or email him directly at hquresh2@utk.edu or at hq@morehous.com.
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