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The Washington Metropolitan Area District Office presents Coping with COVID-19: SBA Updates on CARES Act Programs to Help Small Businesses and Non-Profits Join Antonio Doss, District Director of the Washington Metropolitan Area District Office of the U.S. Small Business Administration (SBA), as he and his team conduct a webinar to discuss the financial tools and resources now available to help small…
Last night, April 2, the SBA issued an Interim Final Rule for the Paycheck Protection Program. You can find the Interim Rule here. These rules are not final but do contain multiple changes and interpretations of the Act that will affect the loan amount, potential repayments, among other items. In particular, the SBA is now stating the interest rate on…
On the heels of the Office of Management and Budget’s (OMB) memorandum encouraging agencies to consider requests for equitable adjustment (REAs) for increased costs related to COVID-19, the U.S. Department of Defense (DOD) issued a similar memorandum for defense agencies on March 30, 2020. (Our summary of the OMB memo can be found here.) The DOD memo outlines three ways…
As has been well publicized, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is a $2 trillion economic relief package enacted to help individuals and businesses in the United States weather the severe financial impact of the COVID-19 pandemic. A key feature of the CARES Act is the creation of the Paycheck Protection Program (PPP), where the federal…
Webinar: Legal Issues with Bringing Employees Back to the office During the COVID-19 Era Do you know the legal implications of bringing your employees back to the office? Should employees be asked to waive liability to return to work? Can employers require an employee get the COVID-19 vaccine before returning to work? What should an employer do if an employee…
For Businesses in the Commonwealth of Virginia: 5/14/2020: EXECUTIVE ORDER 62 – JURISDICTIONS TEMPORARILY DELAYED FROM ENTERING PHASE ONE IN EXECUTIVE ORDER 61 AND PERMITTED TO REMAIN IN PHASE ZERO Executive Order 61, issued on May 8, 2020, and effective at 12:00 a.m., May 15, 2020, eased certain restrictions imposed under Second Amended Executive Order 53 and Executive Order 55…
The US Department of Labor (“DOL”) issued notice that covered employers are required to share regarding the recently passed paid sick leave provisions. That notice can be found here: https://www.dol.gov/sites/dolgov/files/WHD/posters/FFCRA_Poster_WH1422_Non-Federal.pdf If you are an employer with fewer than 500 employees, you are covered by these new provisions subject to possible exemptions. These leave benefits become effective April 1, 2020. In…
In an attempt to mitigate the unfolding COVID-19 public health emergency, state and local governments have started issuing “lockdown” or “stay-at-home” orders. Generally, the state lockdown orders have directed that all businesses utilize telecommuting or work-from-home procedures to the maximum extent practicable. Where telework is impractical, some states are only permitting essential businesses to remain open. Companies with operations in…
U.S. Department of Homeland Security Cybersecurity & Infrastructure Security Agency (CISA), the U.S. Department of Defense, and other agencies have issued guidance on industries and workers “essential” to critical infrastructure. They recommend these businesses remain open and prioritized for continuous operations. Industries include: medical and healthcare, telecommunications, information technology systems, defense, food and agriculture, transportation and logistics, energy, water and…
COVID-19 is creating unprecedented business disruptions around the globe, and it is important to take this situation seriously. Acting with urgency is crucial, but having a plan of attach will mitigate confusion down the road. We recommend focusing on two main points: 1. Health and Safety of Your Office and Your Team: Your health and the health of your team…