Update – SBA Announces Deadline to Return PPP Loans Extended

By Joseph A. Camilli Originally published: May 6, 2020 UPDATED: May 13, 2020 On May 13, 2020, the federal Small Business Administration (SBA) issued Frequently Asked Question (FAQ) #46 (PDF downloadable here) which attempts to clarify concerns raised by Payroll Protection Program (PPP) loan recipients regarding the “necessity” certification on PPP loan applications.  Please read […]

SBA Announces Deadline to Return PPP Loans Extended

By Joseph A. Camilli Originally published: May 6, 2020 What deadline is this? Under the CARES Act’s Payroll Protection Program (PPP), qualifying small business owners and independent contractors are able to apply for forgivable loans through the federal Small Business Administration (SBA).   Applicants for the PPP loans must certify that current economic uncertainty makes the […]

Additional Funding Available under Updated CARES Act and the Interaction between COVID19-Related Tax Credits and Loan Programs

Originally published: April 28, 2020 Authors:  Attorneys Eric Klemm and Joseph A. Camilli   Summary of the Paycheck Protection Program and Health Care Enhancement Act President Trump signed the “Paycheck Protection Program and Health Care Enhancement Act” on April 24, 2020, which primarily increased the funds available for the Paycheck Protection Program (PPP) loans, adding […]

COVID-19 and Workforce Considerations

Updated:  March 24, 2020 INFO SHEET #1 – Remote vs. Furlough vs. Layoff vs. Termination  Click for full PDF INFORMATION SHEET:  Reductions vs. Furloughs vs. Layoffs vs. Termination This information sheet provides a high-level summary of some of the key differences and features of various workforce strategies for employers faced with the suddenly reduced revenue […]