Washington—Today, the U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020. In addition to revising the full forgiveness […]
OSHA COVID-19 Guidance
The Department of Labor’s Occupational Safety and Health Administration (OSHA) continues to provide guidance to assist employees and employers with maintaining safe and healthy working conditions during the coronavirus pandemic. This guidance will be particularly useful as states continue to re-open. We have collected below a list of existing documents, […]
The U.S. Senate by unanimous consent cleared the House-passed bill to extend the Paycheck Protection Program. The bill: Extends the PPP loan forgiveness period to include costs incurred over 24 weeks after a loan is issued or through December 31, whichever comes first. Businesses that received a loan before the […]
Washington Update: June 1
House appropriators will start their markup season in late June, about a month and a half later than usual, racing to get bills out of the committee in the middle of the summer under a condensed legislative schedule due to the coronavirus. The House does not have any floor votes […]
Washington Update: May 28
Today, the U.S. House passed a bill that relaxes several restrictions on companies that borrow money through the Paycheck Protection Program (PPP). The bill extends the current eight-week period during which businesses must use funds to have loans forgiven to 24 weeks or Dec. 31, whichever comes sooner. House Majority […]