Plan Documents and Termination vs. Furlough vs. Lay-Off Termination, furlough, and lay-off are not defined terms under ERISA or the Affordable Care Act. A furlough is generally considered to be…
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On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act, P.L. 116-136 (CARES Act), which provides over $2 trillion in economic relief in…
PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET: BORROWERS The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19…
Tax Relief provided by the CARES Act Recovery rebates for individuals. To help individuals stay afloat during this time of economic uncertainty, the government will send up to $1,200 payments to…
Where can I apply for the Paycheck Protection Program? You can apply for the Paycheck Protection Program (PPP) at any lending institution that is approved to participate in the program…
***This is Preliminary Information and will be Updated as more specific information is available**** Congress passed “The Coronavirus Aid, Relief, and Economic Security Act” (CARES Act), which included the “Paycheck…
Synovus’s Government Guaranteed lending team is carefully monitoring all the SBA enhancements being discussed on the Hill. We’re committed to helping businesses get the capital they need. As a preferred…
Business tax provisions in Senate-passed third coronavirus relief package Senate-passed version of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, H.R. 748) Summary of CARES Act Unemployment Insurance…
Senate-passed version of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, H.R. 748) Summary of CARES Act Unemployment Insurance and Tax Provisions By a unanimous vote on March…
The following has been contributed by one of our Professional Resources, Cheryl Gowen, President, All Funding Options: Right now because of the crisis, I have been working with customers that…