Since the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was signed into law, the guidance for the Small Business Administration’s (“SBA”) Payroll Protection Program (“PPP”) has been changing on an almost daily basis, making compliance for both borrowers and lenders difficult. Our previous articles identified the sources that the SBA […]
Covid-19 Information Hub
Considerations For Returning Higher Risk Employees To The Workplace
Virtually all workplace reopening guidelines state in some fashion that employers need to protect their employees who are at higher-risk of severe illness if they become infected with COVID-19. According to the Centers for Disease Control and Prevention (CDC), those at high-risk for severe illness from COVID-19 are: People 65 […]
Sources For Updates On SBA PPP Loans Published May 6 Through May 18
Since the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was signed into law, the guidance for the Small Business Administration’s (“SBA”) Payroll Protection Program (“PPP”) has been changing on an almost daily basis, making compliance for both borrowers and lenders difficult. Our previous Article identified the sources that the SBA released […]
Compensability Of Covid-19 Infections Under Workers’ Compensation Laws
As businesses start to re-open their doors and employees begin to return to their places of employment, many employers are wondering what their responsibilities are under workers’ compensation laws if an employee contracts COVID-19 at work. Is an employee entitled to workers’ compensation benefits if they contract the virus? If […]
SBA And Treasury Release PPP Loan Forgiveness Application
On May 15, 2020, the Small Business Administration (“SBA”) and Department of Treasury jointly released the application for forgiveness of a Paycheck Protection Program (“PPP”) loan (the “Application”). While the SBA has yet to directly address certain questions regarding forgiveness calculations, the Application indicates the positions that the SBA will likely take. […]