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Understanding the Paycheck Protection Program and its Interplay with Newly Mandated Sick Leave under the Families First Coronavirus Response Act


The Paycheck Protection Program (PPP) promises $345 billion in aid for small businesses, helping to cover payroll and other expenses retroactively from February 15 through June 30, 2020.

Adams and Reese attorneys Chris Kane, Michael Berson and Greg Rouchell take an in-depth look at the PPP and its interplay with the newly mandated sick leave under the Families First Coronavirus Response Act (FFCRA) in a new on-demand webinar to help you understand:

  • Whether your business is eligible to receive aid under the PPP, including restrictions by company size and type

  • The terms and details of PPP loans

  • How PPP loans differ from SBA loans

  • What PPP loans can be used for, such as group health care benefits and mortgage interest payments, as well as notable exceptions to these categories

  • How PPP loan forgiveness might work, particularly how workforce reductions and reducing employees’ compensation could play a role

  • Interplay between CARES Act and FFCRA

  • CARES Act Amendments to FFCRA Mandated Sick Leave

View the webinar on demand
Download a PDF copy of the presentation slides

Going forward, we will keep you posted about webinars (live or pre-recorded) made available through our Coronavirus Updates Webinar Series. We will be covering topics such as global supply chain and logistics issues, construction contracts, insurance coverage and disputes and more.

 

Presented by:
Kane_Chris_hs
Michael A. Berson
Gregory F. Rouchell

Christopher J. Kane
christopher.kane@arlaw.com
New Orleans
P 504.585.0155

Michael A. Berson
michael.berson@arlaw.com
Mobile, Montgomery
P 251.650.0848
P 334.557.7065

Gregory F. Rouchell
gregory.rouchell@arlaw.com
New Orleans
P 504.585.0285


Adams and Reese has gathered resources and information on its Crisis Response and Preparedness page on the firm’s website. Updates can also be found by following the firm’s pages on LinkedIn, Twitter, Facebook and YouTube. Our YouTube channel contains all the coronavirus-related webinars we have produced to date, and all content is available to stream on demand.


Adams and Reese LLP
www.adamsandreese.com

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