COVID-19 UPDATE: Paycheck Protection Program – What Employers Need to Know
April 3, 2020 - Congress passed the CARES Act (the “Act”) last week, with the intent of stimulating and providing emergency relief to the American economy. One component of the Act that is designed to provide immediate relief to employers is the Paycheck Protection Program (“PPP”). The PPP, outlined in §1102 of the Act, allocates $349 billion to disburse […]
