May 17, 2020 | COVID-19 Legal Update
Over the weekend, the Small Business Administration (“SBA”) released the application for borrowers to apply for forgiveness of their Paycheck Protection Program (“PPP”) loan. The application can be found here. At this time, the SBA has not...
May 13, 2020 | COVID-19 Legal Update
Earlier today, we sent you an update on the recent PPP loan certification guidance. This evening, the Small Business Administration (“SBA”) issued FAQ #47, which extends the PPP loan repayment safe harbor date to May 18, 2020. The extension is automatic and you do...
May 13, 2020 | COVID-19 Legal Update
On May 3, we alerted our clients to FAQ 31 and FAQ 37 issued by the Small Business Administration (“SBA”) which raised important questions regarding a borrower’s required good-faith certification in connection with their PPP loan application that “[c]urrent economic...
May 11, 2020 | COVID-19 Legal Update
The U.S. Department of Labor (“DOL”) and the Equal Employment Opportunity Commission (“EEOC”) have issued updated regulatory guidance related to COVID-19. DOL Issues New Q&A Guidance on FFCRA As businesses begin the process of re-opening,...
May 7, 2020 | COVID-19 Legal Update
HHS has extended the deadline for healthcare providers to attest to receipt of payments from the Provider Relief Fund and accept the Terms and Conditions. Providers will now have 45 days, increased from 30 days, from the date they receive a payment to attest and...
May 5, 2020 | COVID-19 Legal Update
Two days ago, we sent you an update on the recent PPP loan certification changes. Today, the Small Business Administration (“SBA”) issued FAQ 43 which extends the PPP loan repayment safe harbor date to May 14, 2020. The extension is automatic and you do not need to...
