Revised Regulations Implementing Paid Sick Leave and Expanded Family and Medical Leave Under FFCRA

On September 11, USDOL’s Wage and Hour Division (WHD) posted revisions to regulations that implemented the paid sick leave and expanded family and medical leave provisions of the FFCRA. The revisions made by the new rule clarify workers’ rights and employers’ responsibilities under the FFCRA’s paid leave provisions, in light of the U.S. District Court […]

Reminder:  Paycheck Protection Program Deadline

The deadline to apply for funding through the Paycheck Protection Program is Saturday, August 8. The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll (click here for more). The Small Business Administration (click here) will forgive loans if all employee retention […]

Additional Guidance on FLSA, FMLA, and FFCRA

The US Department of Labor has announced additional guidance to provide information to workers and employers about how the requirements and protections of the Fair Labor Standards Act (FLSA), the Family Medical Leave Act (FMLA), and the Family First Coronavirus Response Act (FFCRA) impact the workplace as America continues to reopen from the coronavirus. The […]

Government Assistance for Manufacturers Helping Supply COVID-19 Response Needs

The Commercial Solution Opening is a program for manufacturers to submit proposals to address federal government needs in responding to COVID-19.  It can help US companies secure cost-sharing agreements to expand production capacity for critical medical and related supplies.  Specific areas of interest include Masks, Pharmaceutical Industrial Base Expansion, Screening & Diagnostics, and Personal Protection […]

Two Federal Support Programs Operational: the Main Street Lending Program and Primary Market Corporate Credit Facility

The Federal Reserve Bank of Boston on Monday announced that the Main Street Lending Program is now fully operational, ready to purchase participations in eligible loans that are submitted to the program by registered lenders.  Click here for more. The Primary Market Corporate Credit Facility is also operational. Click here for an FAQ overview of […]

Reminder:  PPP Application Deadline Extended to August 8

The President signed into law July 3 legislation to extend the application deadline for the Paycheck Protection Program to August 8.  The previous deadline was June 30.  Approximately $130 billion remains available for loans under the program, after Congress acted earlier this year to replenish the program following the swift exhaustion of its initial funding. […]

PPP Application Deadline to be Extended

Congress has passed and sent to the President legislation to extend the application deadline for the Paycheck Protection Program to August 8.  The previous deadline was June 30.  Approximately $130 billion remains available for loans under the program, after Congress acted earlier this year to replenish the program following the swift exhaustion of its initial […]

Roundup of IRS Guidance and Resources

The following are some resources and guidance recently released or updated by the IRS: Employers Who Have Received a PPP Loan May Defer Deposit and Payment of the Employer’s Share of Social Security Tax The Paycheck Protection Program Flexibility Act, enacted on June 5, amends section 2302 of the CARES Act. It strikes the rule […]

Reminder | PPP Application Deadline June 30

The Paycheck Protection Program is taking applications until June 30th.  More than $100 billion in PPP funds are still available. Small businesses can now use funds for up to 24 weeks and have the option of extending the life of the loan from two years to five.  SBA will forgive loans if funds are used […]

EIDL Program Reopened for Small Businesses and Nonprofits

The SBA has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19. The EIDL program offers long-term, low interest loans for small businesses and nonprofits that can be used to cover payroll and inventory, pay debt, or fund other expenses. The EIDL […]