Author Archives: Mitch Plimmer
COVID-19 Response and Back-to-Business Limited Liability Act
On June 18, 2020, Governor Reynolds signed the “COVID-19 Response and Back-to-Business Limited Liability Act” (the Act). In an agreeable nod to Iowa business owners, this new state law requires that people seeking to file a civil action related to COVID-19 exposure will need to demonstrate they meet specific requirements. In short, these requirements create Continue reading
Update – Paycheck Protection Program Flexibility Act
On June 5, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law. The law aims to address concerns about the Paycheck Protection Program (PPP) asserted by the U.S. small business community. The initial PPP loan program was created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was signed into Continue reading
Update: COVID-19 Paycheck Protection Program
SBA & Treasury Department Press Release In a press release dated March 31, 2020, the Small Business Administration (the “SBA”) and the Treasury Department released additional details regarding the Paycheck Protection Program (the “PPP”), the new loan program aimed to provide relief to small businesses during the current COVID-19 pandemic. Notable updates: The SBA and the Treasury Continue reading
COVID-19: Paycheck Protection Program
On Friday, March 27th, the government passed and signed into law the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The CARES Act provides small businesses with economic relief in the form of the Paycheck Protection Program (“PPP”) administered by the Small Business Administration (“SBA”). The PPP offers emergency loans to small businesses Continue reading