Your questions about the Paycheck Protection Program and
Your questions about the Paycheck Protection Program and furloughs Under the Cares Act, employers can apply for loans to keep workers on the payroll. But they still have to work if the employer …


You Got Your Paycheck Protection Program Loan. Now What …
Apr 17, 2020If your small business has received approval for a loan from the Paycheck Protection Program (PPP), congratulations on obtaining aid to help get your business and your employees through the …


Your Questions About the $350 Billion Paycheck Protection
The Coronavirus Aid, Relief, and Economic Security Act (CARES) makes $350 billion in paycheck protection loans available to small businesses, with individual businesses eligible for up to $10 …


Benefits Continuation During a Furlough or Reduction in …
Pay as you go: Employers can implement a policy whereby they collect premiums from employees during the furlough period. Since employees will not be receiving a paycheck during the furlough, they cannot make pre-tax deductions for premiums and they must be made on a post-tax basis.


How to Handle COVID-19 Layoffs and Furloughs
Employees who receive health benefits from your company will want to understand how a furlough will impact their insurance coverage. “It’s important to be clear what benefits will remain in place during the furlough,” Andrews told CO—. “Pay may be suspended but possibly health care benefits may remain in place.


Five Things Every Paycheck Protection Program Borrower …
Apr 9, 2020The Paycheck Protection Program is the crown jewel of the CARES Act. The CARES Act allocates $349 billion to the PPP loan initiative in an effort to stabilize small businesses during the COVID-19 …


The Paycheck Protection Program (PPP) – What We Know …
“We want to keep you informed on your interest in the Paycheck Protection Program application through Wells Fargo. “Due to high demand, we are not able to begin your application at this time, but you remain in our queue based upon when you submitted your initial interest.” I have no idea what this means.


What Is a Furlough and What Are Employee Rights During One …
An employee furlough is a mandatory suspension from work without pay. It can be as brief or as long as the employer wants. Furloughs can take place in both public and private institutions. An …


What’s The Difference Between Being Laid Off And Being …
Feng said employers should implement a furlough only if they plan to recall the workers within one year. The Paycheck Protection Program incentivizes certain employers to hire back their employees and not lay them off, but estimates of coronavirus business shutdown dates keep changing, said Donna Ballman, a Florida-based employment attorney.


Paycheck Protection Program: Answers to your questions
One component of the CARES Act is the Paycheck Protection Program (“PPP”). One component of the CARES Act is the Paycheck Protection Program (“PPP”). The PPP provides 100% federally …
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