Section 1102 of The CARES Act, entitled Paycheck Protection Program (PPP) allocated $349 billion to provide 100% federally guaranteed loans to small businesses to assist in keeping workers employed.
Over the past few weeks, hundreds of thousands of applications for loans under the PPP were submitted to banks nationwide, and likely many more will be submitted if the Program continues to be further funded by the U.S. Government.
Up to this point, small businesses were focused on completing their application and receiving confirmation that their loan was Small Business Administration (SBA) approved. With that approval, banks have begun this week to process the approved loan documents with their respective clients and actual loan funding has commenced.
DOL Increases Civil Penalty Amounts for 2024
On Jan. 11, 2024, the U.S. Department of Labor (DOL) published the 2024 inflation-adjusted civil
6 Employee Benefits and HR Trends to Monitor in 2024
6 Employee Benefits and HR Trends to Monitor in 2024 in today’s market.
OSHA’s Top 10 Most Frequently Cited Construction Standards in Fiscal Year 2023
Top 10 OSHA construction standards cited during fiscal year 2023 (October 2022 through September 2023)