COVID-19 Resources
Consultant’s Corner: Updates on the Paycheck Protection Program
Q: What is the latest news regarding the Paycheck Protection (loan) Program? In previous weeks, we’ve discussed the Families First Coronavirus Response Act (FFCRA), the SBA Economic Injury Disaster Loan program, the Coronavirus Aid, Relief and Economic Security (CARES) Act and the resulting Paycheck Protection (loan) Program. On April 15th, 2020, the SBA announced that…
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Today’s Trends Become Tomorrow’s Reality
While we’re still in the middle of the Covid-19 pandemic, it’s not too late to start thinking about how the business environment will look when the pandemic someday ends, and we reach a new normal. First, think about some of the most prominent features of life in the crisis. Millions upon millions of people are:…
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Survey: Small Businesses Impacted by Covid-19
In a recent survey of 1,000 small and midsized businesses in the United States, more than one-third said they not be able to survive more than three months in the current situation. That’s just the biggest headline, but the survey details many of the ways that business owners are adapting and responding to the Covid-19…
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Consultant’s Corner: The Paycheck Protection Program and the Self-Employed
Q: In regards to the Paycheck Protection Program, what is the difference between a sole proprietor, an independent contractor, and a self-employed individual? As an independent contractor or a self-employed individual, am I eligible for a PPP loan? When can I apply? In our previous blog post, we discussed the differences between Economic Injury Disaster…
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EEOC Guidance on Covid-19
Representatives of the EEOC recently conducted a Q&A session answering questions about how the ADA and other statutes are being enforced during the Covid-19 pandemic. The key point, reinforced throughout the session, is that these laws are still in place, but employers also should be following guidance from the CDC and health authorities. For summaries…
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SBA Launches Paycheck Protection Program
WASHINGTON – The U.S. Small Business Administration Administrator Jovita Carranza last Friday launched the Paycheck Protection Program, a $349 billion emergency loan program created last week with the President’s signing of the Coronavirus Aid, Relief, and Economic Security Act (CARES). The program provides forgivable loans up to $10 million to small businesses left financially distressed by the Coronavirus (COVID-19) pandemic. The loans,…
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How Google is Supporting Small Businesses During the Pandemic
With so many small businesses struggling during the Covid-19 pandemic, it’s always good news to see people and organizations who are taking active steps to support small business owners and entrepreneurs. One company doing just that is one that you’re all familiar with: Google. In addition to being the most popular search engine in the…
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Consultant’s Corner: Economic Injury Disaster Loan vs. Paycheck Protection Program
Q: What is the difference between the SBA Economic Injury Disaster Loan Program and the Paycheck Protection Program? Can I apply for both? In our previous blog post, we discussed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the SBA Economic Injury Disaster Loan (EIDL) program, and the Families First Coronavirus Response Act (FFCRA).…
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SBA and Treasury Begin Unprecedented Emergency Small Business Capital Distribution
WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need. The CARES Act establishes…
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Leave Time for Absent Employees
During this unprecedented time, businesses that remain open will are likely to still face increased employee absences. Whether employees are feeling ill, taking care of a sick family member, or having to stay home due to school closings, employers have to be prepared, while also being aware of the various laws that apply to absent…
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