Paycheck Protection Program Update
The US Treasury released additional FAQs on the PPP loan process. Those FAQs can be found here. Congress has not approved additional PPP funding at this time.
President Trump to Issue Reopening Guidelines
President Trump will likely issue reopening guidelines for the country today at his coronavirus news conference. Commentators anticipate that he will unveil plans for contact tracing to try to contain the virus, while allowing businesses to reopen.
Hot Spots Extend Stay-at-Home Orders
New York and Washington, D.C. have extended their stay-at-home orders through May 15th.
The coronavirus has created many issues for employers to navigate. You can find MBA’s updates on these issues by going here. MBA will continue to update you as the coronavirus pandemic continues to impact employers.