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PPP Loan Forgiveness Application
PPP Loan Forgiveness Application.pdfThe federal government enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. One of the core pieces of the CARES Act is the provision of hundreds of billions of dollars for small businesses through federally-backed loans under an expanded Small Business Administration (SBA) [...]
Read More ›Plan Now for Reopening to Avoid Employee Claims Later
- Category: Featured Labor and Employment Law
Plan Now For Reopening to Avoid Employee Claims Later.pdfOn May 4, 2020, New York State Governor Andrew Cuomo confirmed that as regions begin to reopen, businesses must have a reopening plan that will include certain measures to help lower the risk of the spread of COVID-19 infections. The reopening plan must address: An adjustment of workplace hours and arrangements, if needed, to reduce workplace density; The implementation of workplace social distancing measures; The [...]
Read More ›Received PPP Funding - Now What.pdfWith PPP funds now issued, employers are starting to bring employees back to work. This process is not always easy, however, and many employers are faced with the possibility that employees will refuse to return to the workplace. So, what to do if an individual refuses to come back to work? What impact will that refusal have on an employer’s PPP loan forgiveness? On May 3, 2020, the Department of Treasury confirmed that while employers must meet the [...]
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