Forgiveness for the Paycheck Protection Program Loan (PPP Loan) now has an application with detailed instructions. The SBA and the Department of the Treasury have come together to release a form with detailed instructions and an application for forgiveness. Please note that the application and instructions will be subject to further regulation and guidance. Please […]
Am I eligible? IF you employ 500 of fewer employees and are You are eligible. Certain businesses with more than 500 employees can still qualify, depending on the industry. What about loan forgiveness? The Treasury states “that loans are fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely […]
Please find the following article (in English and Italian) provided by Hanz Chiapetta, a partner in the law firm of Lawtelier: If you are a US based business who has had to suspend, or reduce, operations as the result of the Coronavirus pandemic, financial aid is on the way to help you keep your employees […]