Categories for COVID-19

Can My PPP Loan Be Forgiven? Four Steps to Success

September 18, 2020 11:13 am Published by Mountain, Dearborn & Whiting LLP

If you received a Small Business Administration loan under the Payroll Protection Program to keep your staff employed during the Coronavirus pandemic, now is the time to be certain that you’ve fulfilled all requirements to have your loan forgiven.

The PPP stopped accepting new loan applications on August 8. If your loan—either for 8 weeks or 24 weeks—was issued prior to June 5, it will mature in two years. Loans issued after that date will mature in five years. If any part of the loan is not forgiven, then your loan payments will be deferred for six months. The interest rate on the loans is 1 percent.

Here are some tips to help you wade through all ...

Stay Calm And Mindful: Avoid These Top Seven SCAMs

August 13, 2020 3:57 pm Published by Nina T. Dow

In these pandemic times, scammers are stepping up their game, taking advantage of COVID-19 anxiety and confinement. Older adults were their first targets. Now scammers are bolder, infiltrating the phone calls, emails, and snail mail of almost everyone. Ask around. Chances are someone you know has either been the victim of a scam or an attempt. What are these imposters trying to snag? Your personal identifying information. It might be a credit card or bank account number they’re after, or perhaps the biggest key to your ID—your Social Security number.

To help you avoid identity theft, learn to recognize these top seven scams of the past six months:

1. COVID-19 and the Imposter Unemployment Claim

With unemployment ...

When Can My Business Reopen? Massachusetts Guidelines for the COVID-19 Pandemic

June 12, 2020 12:00 pm Published by Paul C. Foley

One of the states most hard-hit by the COVID-19 pandemic, Massachusetts has chosen to use public health data to formulate all phases of its reopening plan for businesses and other organizations. As fewer people test positive for the virus, as fewer die of COVID-19, more businesses will be allowed to reopen. If those numbers begin to rise again, however, restrictions will be reimposed.

Here are the key things you need to know about the Commonwealth’s plans for phased reopening:

Testing and Contact Tracing Are Key to Timing of Each Phase

Massachusetts has adopted one of the most aggressive testing protocols in the country and has established a national model for contact tracing, in collaboration with Partners in ...