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Charlton deSaussure, Jr. Named 2021 Best Lawyers® "Lawyer of the Year" for Public Finance Law in Charleston

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.

HSB Webinar: COVID-19 Update

July 01, 2020

On July 8, HSB’s Employment Law team provided an update via webinar on COVID-19’s continued impact on SC employers.  

PPP Flexibility Act Signed Into Law

June 05, 2020

On 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.

PPP Update: SBA Issues Additional Interim Final Rules

May 23, 2020

One 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.
 

Summary of SBA’s PPP Loan Forgiveness Application and Instructions Issued May 15, 2020

May 16, 2020

The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”) together with instructions (the “Instructions”), on May 15, 2020. 
 

Guidance for Lenders on PPP Forgiveness

May 16, 2020

The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”), together with instructions (the “Instructions”), on May 15, 2020. 

PPP Safe Harbor Repayment Deadline Extended, Treasury Promises Additional Guidance

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. 

Senate Passes Paycheck Protection Program and Health Care Enhancement Act to Add $310 Billion to Paycheck Protection Program

April 22, 2020

The 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.

Comprehensive Overview of the Paycheck Protection Program

April 14, 2020

On 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). 

Essential Services Guide to Keeping Workplaces and Employees Safe During COVID-19

April 10, 2020

Businesses 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.
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