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8/20 Webisode: Borrower Beware: Defending PPP Loans from After-the-Fact Gov’t Scrutiny

The Paycheck Protection Program (PPP) was a lifeline to many companies faced with the existential threat of an unknown pandemic.  But the prospect of “free money” by loan forgiveness comes with ever-evolving strings – including the possibility of an audit and scrutiny by federal agencies with the jurisdiction and political will to investigate borrowers’ eligibility and use of funds.

The new mandate was issued as part of an executive order by Governor Cuomo and allows people to test-out of quarantine.

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Manufacturing Council Hosts: Navigating lending, tax law changes and the future of PPP

The Manufacturing Council hosted a virtual meeting to discuss the future of COVID-19 related governmental financial assistance and lending opportunities for local businesses.

The federal government is supplementing the original Coronavirus Aid, Relief, and Economic Security (CARES) Act and new United States Small Business Administration Paycheck Protection Plan (PPP) guidance is released on a continuous basis.

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5/20 Webisode: NYS Reopening Guidelines: HR & Legal Implications

The Partnership hosted a webisode to review reopening guidelines and the safety business plan template.

NYS released industry specific guidelines for the reopening of businesses, which include a Business Safety Plan Template. Having a clear and available safety plan will be a critical part of the reopening process for businesses.

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