During Ward and Smith’s recent virtual "Construction Conference," six of my partners and I covered a range of emerging legal issues — most related to the pandemic — that are important for construction companies.
In a...more
12/3/2020
/ CARES Act ,
Construction Industry ,
Construction Project ,
Coronavirus/COVID-19 ,
Employer Responsibilities ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
General Contractors ,
Loan Forgiveness ,
Paid Leave ,
Paycheck Protection Program (PPP) ,
SBA ,
Subcontractors ,
Workplace Safety
Although lenders and borrowers still face uncertainty regarding PPP rules, the general process of obtaining PPP loan forgiveness is known. With each passing week, we can expect lenders to process more PPP loan forgiveness...more
Over the last six weeks, PPP loan borrowers understandably had a multitude of questions about the loan forgiveness process.
After all, without forgiveness, the PPP loan is nothing more than just another business debt...more
We have written much about the Paycheck Protection Program ("PPP") loans funded through the SBA as part of the government's response to the COVID-19 crisis. The PPP loan application contains a number of eligibility...more
We have written much about the Paycheck Protection Program ("PPP") loans funded through the SBA as part of the government's response to the COVID-19 crisis. The PPP loan application contains a number of eligibility...more
Much has been written about the benefits of the PPP loan program. With the second round of funding, roughly $660 billion in PPP loans will be distributed to approved applicants. Approximately 3 million small businesses will...more
The much-anticipated CARES Act provided for the Paycheck Protection Program, which is meant to help small businesses both retain their employees and meet their rent and other operating expenses during the COVID-19...more