March 09, 2021
Haynsworth Sinkler Boyd is proud to announce that Charlton deSaussure, Jr. was recently recognized by Best Lawyers as the 2021 "Lawyer of the Year" for Public Finance Law in Charleston.
July 01, 2020On July 8, HSB’s Employment Law team provided an update via webinar on COVID-19’s continued impact on SC employers.
June 05, 2020On Wednesday evening, the U.S. Senate passed the Paycheck Protection Program Flexibility Act (the “Act”), which amends the CARES Act to provide businesses with greater flexibility in the use of PPP funds. President Trump signed the bill into law today, June 5. Below is a summary of the key changes.
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 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 06, 2020
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.
April 22, 2020The United States Senate passed a bill on Tuesday, April 21, to increase the $349 billion cap under the Paycheck Protection Program (PPP). The “Paycheck Protection Program and Health Care Enhancement Act” would add another $310 billion in funding to the PPP, increasing the total amount to $659 billion.
April 14, 2020On March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, a historic $2 trillion stimulus package to provide financial assistance to individuals and businesses. One of the most important components of the CARES Act is the Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA).
April 10, 2020Businesses operating on-site during the COVID-19 pandemic must take extra precautions to ensure they are not subjecting their employees and others on-site to an outbreak that can be avoided by reasonable protections.