by Rob Gilmore | May 18, 2020 | Employment, Government
By Rob Gilmore and Melissa Yasinow With stay-at-home orders lifting across the country, employers are focused on safely and legally re-opening their doors. As we discussed in our April 30 post, COVID-19 & Safe Return to Work, the Equal Employment Opportunity...
by Demetrius Robinson | May 18, 2020 | Finance, Government
By Demetrius Robinson & Kyle Stroup On May 1, 2020, the Roman Catholic Church of the Archdiocese of Santa Fe (“Archdiocese”) persuaded a federal judge to overrule the Small Business Association’s (SBA) denial of a Paycheck Protection Program (PPP) loan. The PPP is...
by Cary Zimmerman | May 16, 2020 | Finance, Government
By Cary Zimmerman Overview The application walks borrowers step-by-step through the process of calculating forgiveness and includes worksheets and tables that borrowers must complete, including a list of all employees and their cash compensation during the eight...
by Jennifer Hart | May 16, 2020 | Finance, Government
By Jennifer Hart Overview The application for forgiveness requires borrowers to submit significant documentation supporting their uses of the PPP loan funds. In addition to bank account statements and and payroll reports, borrowers will be required to save...
by Cary Zimmerman | May 14, 2020 | Finance, Government
By Cary Zimmerman & Demetrius Robinson “Missing” Partnership Compensation On Wednesday, May 13, 2020 the Small Business Administration (SBA) published a new interim final rule to clarify that any borrower that received a Paycheck Protection Program (PPP) loan...