April 2020

On March 18, 2020 President Trump signed the Families First Coronavirus Response Act (the “FFCRA” or “Families First Act”) which has provisions that became effective April 1, 2020 and applies to leave taken through December 31, 2020. The FFCRA provides Amendments to the Family and Medical Leave Act of 1993 and the Public Health Emergency […]

The Paycheck Protection Program (PPP) of the CARES Act is in the process of being implemented by banks. The process has been somewhat rocky for several reasons, including the different releases by the Treasury Department and the Small Business Administration, concerns by banks about the impact of existing banking statutes and the gaps in the […]

As referenced in our prior Blogs, the CARES Act was signed by the President on Friday, March 27, and is now law. The Act has numerous provisions, one of which is the Paycheck Protection Program (PPP). PPP will provide loans to businesses for payroll and certain other costs. However, payroll taxes are not included in […]