Tag: paycheck protection program

SBA Releases Nondiscrimination and Additional Eligibility Criteria for the Paycheck Protection Program

May 11, 2020 12:31 pm

On May 6, the U.S. Small Business Administration (SBA) released an interim final rule (IFR) to supplement previously issued IFRs implementing the CARES Act’s Paycheck Protection Program (PPP). The new IFR provides guidance tailored for institutions of higher education, such as additional eligibility requirements with respect to student workers and nondiscrimination obligations. The CARES Act,... View Article

Federal Government Issues Guidance on UI, SBA Loans and Offers to Return to Work

May 6, 2020 4:36 pm

The Department of Labor (DOL), the Small Business Administration (SBA), and the Department of the Treasury (Treasury) issued guidance materials for employers and employees to help them better understand how financial assistance resources created in response to the coronavirus public health emergency will be impacted by employee rejection of reemployment opportunities offered by the employer.... View Article