PPP Loan Forgiveness:
Application & Instructions

The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application.

The form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers, including:

• Options for borrowers to calculate payroll costs using an “alternative payroll covered period” that aligns with borrowers’ regular payroll cycles
• Flexibility to include eligible payroll and non-payroll expenses paid or incurred during the eight-week period after receiving their PPP loan
• Step-by-step instructions on how to perform the calculations required by the CARES Act to confirm eligibility for loan forgiveness
• Borrower-friendly implementation of statutory exemptions from loan forgiveness reduction based on rehiring by June 30
• Addition of a new exemption from the loan forgiveness reduction for borrowers who have made a good-faith, written offer to rehire workers that was declined

Click here to view the application and instructions.

Open Your Taps
to Flush Your Pipes

Prior to employees returning to work, the City of Hollywood Public Utilities Department recommends that businesses open their water taps to flush pipes prior to consumption. Buildings that have been closed up have seen a reduction in water use, which could cause stagnant water to settle in the plumbing.  Follow EPA and AWWA recommendations for protecting water quality for your employees by flushing systems thoroughly prior to use.  For more information, please visit the U.S. Environmental Protection Agency (USEPA) website.

Interim Guidance for Businesses & Employers Responding to COVID-19

The Centers for Disease Control and Prevention have recently published an update to their guidelines, which includes strategies and recommendations for employers responding to COVID-19 (including those seeking to resume normal or phased business operations). Click here for the May 6, 2020 update.