On May 1, 2020, Indiana Governor Eric Holcomb signed Indiana Executive Order 20-26, which unveiled his “Back on Track” five-stage plan to incrementally reopen the state’s economy.
The order requires all Indiana b...Read More
Businesses attempting to rehire employees who refuse to rejoin the workforce can exclude those employees from Paycheck Protection Program (“PPP”) loan forgiveness reduction calculations. This is according to new FAQ guidance from the Small Business Administration (“SBA”) and...Read More
The safe harbor deadline for businesses to repay their Paycheck Protection Program ("PPP") loan amount in full and maintain a certification of good faith has been extended to May 14, 2020. Borrowers do not need to apply for this extension.