by risktransfer | Apr 9, 2020 | Uncategorized
State and local governments are requiring many businesses to shut down to slow the spread of Covid-19, yet encouraging these same employers through programs such as the Paycheck Protection Program and other SBA loan programs, to keep employees on the payrolls even...
by risktransfer | Apr 1, 2020 | Uncategorized
The United States Department of the Treasury has released the office borrowers application for the federally-guaranteed Paycheck Protection Loans that arouse out of the CARES Act that was signed into law last Friday. The application can be accessed on this link. ...
by risktransfer | Mar 30, 2020 | Uncategorized
The recent passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion in 100% federally-guaranteed loans to assist small businesses in keeping workers employed amid the pandemic and economic downturn. The U.S. Chamber of Commerce...
by risktransfer | Mar 23, 2020 | Uncategorized
The U.S. Small Business Association (SBA) has published new resources regarding its Economic Injury Disaster Loan Program and Guidance for Businesses an Employers in response to the COVID-19 virus outbreak. The SBA will work directly with state Governors to provide...
by risktransfer | Mar 23, 2020 | Uncategorized
Our friends at NAPEO have provided an Alert on the new IRS Offse of Paid Leave for employers. IRS Announces Immediate Offset of Paid Leave and Promises “Simple and Clear” Guidance on Exemptions On March 20, 2020, the IRS issued news release IR-2020-57,...
by risktransfer | Mar 18, 2020 | Uncategorized
The State of Florida has implemented its Emergency bridge loan program that is managed by the Florida Department of Economic Opportunity. These loans are interest-free to small businesses that experience economic injury from COVID-19. More information is available...