Firm Insights

SBA and Treasury’s FAQ #46’s Certification “Safe Harbor” May Not Be As Safe As Borrowers Think

By Michelle F. Schwerin / May 15, 2020 / Comments Off on SBA and Treasury’s FAQ #46’s Certification “Safe Harbor” May Not Be As Safe As Borrowers Think

Paycheck Protection Program Loans Frequently Asked Questions On May 13, 2020, the Small Business Administration (“SBA”), along with the Treasury, released FAQ #46, as a follow up to its guidance on FAQs #31 and #37, which is discussed here. As a quick catch up, the SBA and Treasury issued FAQ #31 in response to public outcry…

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Workplace Screening For Employees Returning to Work During the COVID-19 Pandemic

By Traci Dale Pupillo / May 15, 2020 / Comments Off on Workplace Screening For Employees Returning to Work During the COVID-19 Pandemic

As businesses in Missouri and other regions begin to open back up and employees return to the workplace, employers are faced with questions regarding what types of testing and screening they can implement to ensure the health and safety of their employees. Background The U.S. Equal Employment Opportunity Commission (“EEOC”) enforces workplace anti-discrimination laws, including…

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Federal Reserve Publishes Updated Main Street Lending Programs

By Michelle F. Schwerin / May 9, 2020 / Comments Off on Federal Reserve Publishes Updated Main Street Lending Programs

On April 9, 2020, the Federal Reserve, published term sheets for a Main Street Lending Program for small and/or mid-size businesses. The April 9 term sheets set forth two separate loan programs under the Main Street Lending Program—the Main Street Lending Program and the Main Street Expanded Lending Program. Comments from lenders and borrowers concerning the two programs were…

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