We are offering 30 minute consultations to small businesses affected by the COVID-19 pandemic. Call us at 1 (800) 651-2502 or Contact Us.

Did You Know?

New Laws Mandate That ALL Employers Provide Up To 80 Hours Of Emergency Paid Leave To Employees Affected By Coronavirus

To help Americans overcome the financial crises caused by the COVID-19 pandemic and ease the burden of having children at home, the Families First Coronavirus Response Act (“FFCRA”) offers monetary and other assistance employees who:

Novel Coronavirus
  • have COVID-19,
  • are caring for a family member with the virus,
  • have children out of school/day care due to COVID-19, or
  • are quarantined by law, a health provider or your employer.

Under this law, if an employee meets these criteria, they must be given up to 80 hours (two weeks) of fully paid leave (up to certain caps), in addition to any other leave available. An employee cannot be denied this leave and you cannot terminate an employee for taking this leave.

New Laws Expand FMLA (Family and Medical Leave Act) Protections To Cover All Business With Over 50 Employees

The FFCRA dramatically reduces the employee threshold of 500 to 50. So if your business has more than fifty (50) employees you are now subject to the Family and Medical Leave Act through the duration of the pandemic, and like through 2020.

In addition, the FFCRA requires all employers subject to it, at least during the pandemic, to cover up to 2/3 of an employee’s pay (again subject to certain caps).

Small Business Can Apply For Loans Up To $2 Million

Congress has passed additional laws providing billions of dollars in funding for various purposes. Under one of those laws, the Small Business Administration is now accepting applications for up to $2 Million no-fee, low-interest loans.

We help small business with business loans and commercial lending and would be happy to talk with you.

This is an ever evolving field with new rules regulations coming down on the Federal, State and Local levels every day.

We Can Help!

We are offering 30 minute consultations to small businesses affected by the COVID-19 pandemic. Call us at 1 (800) 651-2502 or Contact Us.