As previously discussed earlier this Spring, the Paycheck Protection Program (“PPP”) enacted through the CARES ACT is a Federal Program that has been marked with more questions than answers. As the days pass and the implications of the program are evaluated by the government and public, the Small Business Administration (“SBA”) and Department of Treasury…
Read MoreBeginning last week on Wednesday, April 1st, in South Carolina non-essential businesses, venues, facilities, and services were ordered to be closed to non-employees and the public. In the latest Executive Orders issued on April 3 rd & 6th, South Carolina Governor McMaster has further defined which businesses must be closed. The latest “Home or Work…
Read MorePayroll Protection Program After the Small Business Administration (SBA) applications under the CARES Act for the Paycheck Protection Program are now possible and many banks have opened their portals and applications are pouring in, the next question is: can the loan be forgiven? The quick answer is: Yes. We suggest that you open a new…
Read MoreHow do I calculate the maximum amount I can borrow? The following methodology, which is one of the methodologies contained in the Act, will be most useful for many applicants. • Step 1: Aggregate payroll costs (defined in detail below in from the last twelve months for employees whose principal place of residence is the…
Read MoreNew policy guidelines for RFE/NOID etc. response. If received after March 1, 2020, 60 days added on. USCIS Announces Flexibility for Requests for Evidence, Notices of Intent to Deny In response to the Coronavirus (COVID-19) pandemic, U.S. Citizenship and Immigration Services announced that it is adopting a measure to assist applicants and petitioners who are…
Read MoreThe Order is similar to many of the restrictions that are currently in place in Mecklenburg County and the City of Charlotte. As per the terms of the new statewide Order, in the event that the provisions of the County Stay at Home order are more restrictive than the statewide order, then those more restrictive…
Read MoreThe current pandemic brought on by the COVID-19 virus has impacted supply chains; the ability to move around freely; and in some cases has shut down manufacturing entirely. Government actions including declaring states of emergency, closing borders and shelter in place orders may be the types of events that often fall within the parameters of…
Read MoreIn addition to our updates on new legislation and regulations coming out, we wanted to remind you that Annual Report filing requirements are still in effect for each of the states. The filing deadline for Georgia is April 1, 2020 and North Carolina is April 15, 2020. Delaware’s deadline for corporations was March 15, 2020…
Read MoreThe COVID-19 pandemic has resulted in modified and additional SBA resources to help our small businesses, small aquacultural businesses, small agricultural cooperatives and/or most private nonprofit organizations. Economic Injury Disaster Loans (EIDLs) The SBA has approved the North Carolina Governor’s request for a disaster declaration, and you may begin the application process. Applicants are encouraged…
Read MoreTraditionally, border agents and U.S. government officials have enjoyed broad authority to conduct searches and investigations of travelers coming into the U.S., actions which are primarily couched under two goals: (1) to search for and discover contraband entering the U.S.; and (2) to prevent the admission and entrance of individuals ineligible for admission into the…
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