The Small Business Administration (SBA) recently issued a new set of Frequently Asked Questions (FAQs) related to issues borrowers are facing as they apply for loan forgiveness under the Paycheck Protection Program (PPP). Most notably, the FAQs aid borrowers in […]
To clear up some uncertainty in the language of the CARES Act’s Payroll Protection Program (“PPP”) and the subsequent interim final rules, the Small Business Administration (“SBA”) issued Frequently Asked Questions (“FAQs”) which are available here. Highlighted below are some […]
Over the weekend, the U.S. Department of Labor (“DOL”) published two separate guidance documents, Unemployment Insurance Program Letters (UIPLs) 15-20 and 16-20, which provide information related to two separate programs under the CARES Act: the Pandemic Unemployment Assistance Program (PUA) and the Federal […]
The Paycheck Protection Program is one of the key relief provisions included in the $2 trillion relief package under the CARES Act. This program provides forgivable loans to small businesses and nonprofit organizations to cover payroll costs, rent, mortgage interest […]
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law on March 27, 2020. Among other things, the Act provides relief programs for employers, including loans, grants and tax incentives. Please click here* for our summary […]
