On Friday, May 15th, the SBA issued the Loan Forgiveness Application that PPP borrowers must use to calculate and report how much of their PPP loan will be forgiven. The Application and accompanying instructions address several areas of borrower uncertainty for which the SBA had previously failed to offer specific guidance.
On April 16th, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) issued guidance to compliance safety and health officers tasked with evaluating an employer’s efforts to comply with standards that require annual or recurring audits, reviews, training or assessments during COVID-19.
In keeping with our mission to provide you timely updates related to the COVID-19 pandemic and its effect on employers, we are attaching a news release from the Department of Labor that provides detailed information for employers regarding implementation of, and reimbursement for, the paid leave provisions of the Families First Coronavirus Response Act (FFCRA).
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