Tag: payroll protection loan
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Business Transactions
SBA Publishes Interim Final Rules for Payroll Protection Program
- April 3, 2020
- By Allen & Gooch
On April 2, 2020, the Small Business Administration (“SBA“) issued the Interim Final Rules (the “Rules”) for the Payroll Protection Program (the “PPP”), which are found at 13 CFR Part 120, to outline Sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). Although there is a possibility the […]
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COVID-19
Navigating Payroll through COVID-19 – Resources for Employers
- March 29, 2020
- By Allen & Gooch
With the recent changes to the work environment, there are numerous questions for employers regarding payroll obligations and leave available to employees. Additionally, what resources and relief are available to employers? The following identifies three key resources available to help employers navigate through these challenging times. 1) Payroll Protection Loan Employers may be eligible for […]