July 01, 2020Join HSB’s Employment Law team for our next webinar on July 8 for an update on COVID-19’s continued impact on SC employers.
June 11, 2020On Thursday, June 11, 2020, the Small Business Administration (SBA) issued an update to its initial interim final rule on the Paycheck Protection Program (PPP), which was originally enacted as part of the CARES Act on March 27, 2020. The update incorporates key changes from the Paycheck Protection Program and Health Care Enhancement Act (enacted on April 24) and the Paycheck Protection Program Flexibility Act of 2020 (enacted on June 5). Following are the most important provisions:
June 05, 2020By: Will Johnson and Perry MacLennan
May 23, 2020One week after issuing the long-awaited Paycheck Protection Program (PPP) Loan Forgiveness Application, summarized here, the Small Business Administration (SBA) issued two interim final rules on May 22, 2020 addressing loan forgiveness, loan review procedures, and borrower and lender responsibilities.
May 18, 2020The U.S. Small Business Administration (SBA) published a new interim final rule on Monday, May 18, 2020, which addresses the question of whether U.S. companies must include employees of foreign affiliates for purposes of measuring their number of employees for program eligibility.
May 16, 2020The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”) together with instructions (the “Instructions”), on May 15, 2020.
May 16, 2020The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”), together with instructions (the “Instructions”), on May 15, 2020.
May 08, 2020Haynsworth Sinkler Boyd is pleased to announce that the firm has been recognized in the 2020 edition of Chambers USA: America’s Leading Lawyers for Business.
May 08, 2020
Haynsworth Sinkler Boyd is pleased to announce that Ben Zeigler is now serving as Chairman of the McLeod Health Board of Trustees. Ben has served on the Board since 2009 and started his role as Chairman on February 1, 2020.
May 06, 2020
By: Will Johnson and Perry MacLennan
Late on Tuesday, May 5, 2020, the US Treasury Department extended the deadline for a safe harbor repayment of PPP loan funding from May 7 to May 14 and promised additional guidance on how the Small Business Administration will review the good-faith “necessity” certification prior to that time.