By Anthony T. Verwey -- As the political season continues the rush toward November, all businesses and their employees should be paying attention to recent reporting regarding “conduit” campaign contributions, which have the potential to put both parties in jeopardy.…
By Gordon W. Prince, Esq. In light of the newly executed Paycheck Protection Program Flexibility Act (the “Act”), discussed fully here, the SBA (in consultation with the U.S. Department of Treasury) issued a revised PPP loan forgiveness application, as well…
By Gordon W. Prince, Esq. The Paycheck Protection Program Flexibility Act of 2020, a bill that focuses on easing restrictions on small businesses who will be seeking to have their PPP loans forgiven, has been signed into law by the…
By David W. deBruin, Esq. The Coronavirus Aid, Relief and Economic Security Act (CARES Act) was enacted to provide emergency financial assistance for individuals, families and businesses affected by the COVID-19 pandemic. A lesser publicized part of the CARES Act…
By Gordon W. Prince, Esq. The SBA has automatically extended the safe harbor Paycheck Protection Program loan repayment deadline to May 18, 2020, in light of the new guidance it has issued regarding the good faith certification all PPP loan…
Gawthrop Greenwood attorney and partner Stephen McDonnell has been appointed to serve on Chester County’s Business Advisory Council, which will support the Chester County Commissioners’ COVID-19 Business Task Force. The Commissioners created the task force of local business leaders to…
By John Rafferty, Esq. Requirements for Health Care Providers Fighting COVID-19 On Wednesday, May 6, Governor Wolf issued an Order that enables health care providers and certain residential facilities within the Commonwealth to more efficiently respond to the COVID-19 crisis.…
May 14, 2020 UPDATE: SBA guidance now provides that borrowers who received PPP loans with an original principal amount of less than $2 million will be deemed to have made the required certification regarding the necessity of the loan in good…
The Chester County Commissioners have announced that they've set aside $5 million to provide funding for small businesses and agricultural enterprises in Chester County. Grants of up to $25,000 will be available to individual businesses through the Chester County Main…
By Lauren Dentone, Esq. As business owners, it is essential to plan and prepare for the reopening of normal work functions. In the wake of COVID-19, we will see changed economies, consumer behaviors and expectations of both employers and employees.…