Paycheck Protection Program Loans Set to Reopen
The Small Business Administration (“SBA”) is reopening the Paycheck Protection Program (“PPP”) for first and second draw loan applicants the week of January 11, 2021.[1] Applicants have until [...]
COVID-19 Relief Bill: What Nonprofits Need to Know
December 29, 2020 On Sunday evening, after previously threatening a veto, the president signed into law a second COVID-19 relief package, consolidated with a bill to fund the government, passed [...]
Expiration Date for PPP Loan Forgiveness Application
On October 13, 2020, the Small Business Administration (“SBA”) published its guidance to frequently asked questions on the Paycheck Protection Program (“PPP”) loan forgiveness application. The [...]
Supreme Court Update: Title VII Prohibits Employment Discrimination Based on Sexual Orientation and Gender Identity
On Monday, June 15, 2020, the United States Supreme Court held in a 6-3 majority that federal law prohibits employers from discriminating against employees because of their sexual orientation or [...]
FAQs: Nonprofits and Political Activity
With the 2020 presidential election less than five months away and many local and state elections happening now, it’s a good time to review the rules on the prohibition against political activity [...]
Paycheck Protection Flexibility Act makes loan forgiveness more borrower friendly
On June 5, 2020, the president signed into law the bipartisan Paycheck Protection Flexibility Act of 2020 (PPFA), which eases rules on how Paycheck Protection Program (PPP) loan funds can be used [...]
