Weekly COVID-19 Oversight & Enforcement Report - October 2020 #5

In response to requests from House Select Subcommittee on the

Coronavirus Crisis Chair James Clyburn (D-SC), four companies that collectively received $595 million in Payroll Support Program funds have committed to retain all current employees until after they have exhausted remaining program funds. According to a Subcommittee press release, these four companies employ a total of more than 30,000 Americans.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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