Articles and Blogs

As part of the CARES Act,[1] the Paycheck Protection Program (“PPP”) granted vulnerable small businesses the ability to seek forgivable loans from the federal government to help prevent closures during the COVID-19 crisis and to ensure employees remain on payroll. The Small Business Administration (“SBA”) and the Department of the Treasury have published and... READ MORE

Earlier today, the Small Business Administration (“SBA”) issued an updated Interim Final Rule (the “Rule”) that supplements and provides clarification on the types of businesses that are eligible for the Paycheck Protection Program (“PPP”) loans. Under the Rule, governmental hospitals that (a) have 500 or fewer FTEs, and (b) receive less than 50 percent... READ MORE

Thursday, April 9 Recap Note – ​We believe this is the most up-to-date information available at this time, but it is subject to change ​as circumstances warrant. Also, all finalized resources can be found ​on the COVID-19 ​Resource ​Center page ​of Hall Render’s website.​ CMS Releases New Waivers for Health Care Facilities COVID-19 Response CMS issued... READ MORE

Late during the evening of April 2, 2020, the U.S. Treasury, which is jointly administering the Paycheck Protection Program (“PPP”) along with the Small Business Administration (“SBA”), released this Interim Final Rule (the “Rule”) that contains several material changes to the initial guidance published by the SBA and U.S. Treasury on March 31, 2020... READ MORE