Temporary Paid Sick Leave & Family and Medical Leave Act The Families First Coronavirus Response Act created new temporary paid sick leave and paid Family and Medical Leave Act (FMLA) programs that are 100% reimbursable by the federal government. The effective date of both programs is April 1 and...
Archive for category: In the News
CARES LOANS ARE ON THE WAY – BUT NOT TODAY…
CARES LOANS ARE ON THE WAY – BUT NOT TODAY… Positive revenue and cash flow, even in a good economy is often a struggle for us. But now it has turned into one of the most, if not the most, important obstacles many of us are facing. The Coronavirus...
Simplifying the Federal Loan Program – Side-by-Side Comparison
SMALL BUSINESS PAYCHECK PROTECTION PROGRAM The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Fully Forgiven Funds are provided in the form of loans that...
Emergency Loans for Small Businesses
Emergency Loans for Small Businesses Congress has approved $350 billion in emergency loans for small businesses to help them keep workers employed. In fact, if small businesses maintain or later restore their payrolls, they may not have to repay some — or possibly any — of the loan. Here...