Beneath the Paycheck Protection Program (“PPP”), getting qualifications, loan amount, and you can forgiveness data, exactly how would be to businesses eradicate “independent contractors”?
This new Coronavirus Assistance, Recovery, and you may Economic Safeguards Act (“CARES”) energized the little Business Administration (“SBA”) to make sure specific $349 mil low-desire, forgivable PPP finance. Into the evening hours regarding , the brand new SBA awarded the Interim Finally Rules (“Interim Regulations”) to administer the latest PPP. Whilst Meantime Rules deliver the first round out-of assured suggestions regarding the SBA, nonetheless they remember that the fresh SBA intentions to bring after that guidance concerning the multiple areas of PPP loan government.Leggi tutto