Jul. 23, 2020

SBA Procedural Notice for PPP Loan Forgiveness

On July 23, 2020, the Small Business Administration (SBA) issued a procedural notice to lenders participating in the Paycheck Protection Program (PPP) concerning the loan forgiveness application process. The notice informs lenders that beginning August 10, 2020, they may begin submitting forgiveness applications through an online platform. The notice states that the SBA intends to […]

Jul. 17, 2020

COVID-19 Hazard Pay Grant Program Available in PA

On July 16, 2020, Pennsylvania Governor Tom Wolf announced the availability of $50 million in grant funding to assist employers in providing hazard pay to employees performing life-sustaining jobs during the COVID-19 pandemic.  The intent of the COVID-19 Hazard Pay Grant Program (Program) is to ensure that front-line employees in vital industries are able to […]

Jul. 16, 2020

What Governor Wolf’s Targeted Mitigation Efforts Mean for Pennsylvania Businesses

Rising COVID cases in counties across Pennsylvania led Governor Tom Wolf and Secretary of Health Dr. Rachel Levine to implement targeted mitigation efforts.  These efforts, which went into effect the morning of Thursday, July 16, 2020, reimpose limits on gatherings and reemphasize the importance of telecommuting.  Here is how the order breaks down: The food […]

Jul. 10, 2020

PPP Loan Updates – What Businesses Need To Know

On July 4, 2020, President Trump signed a new law extending the deadline for applying for a Paycheck Protection Program (PPP) loan to August 8, 2020. As the program was initially set to expire on June 30th, this extension provides potential borrowers additional time to access the program under its existing terms. Currently, it is […]

Jun. 24, 2020

Guidance for Businesses in Pennsylvania’s “Green Phase”

On June 26, 2020, twelve more counties in Pennsylvania (some of which were hit the hardest by COVID-19) will be moving into the “Green Phase” of Governor Tom Wolf’s process to reopen Pennsylvania. This means all counties, with the exception of Lebanon County, will be “Green.” The Green Phase is the third of three phases […]

Jun. 17, 2020

SBA Simplifies PPP Forgiveness

As many business owners are well aware, the Paycheck Protection Program (PPP) rules and guidelines regarding loan forgiveness are complex and carry a high compliance burden. In order to obtain PPP loan forgiveness, borrowers are required to complete a rather complicated forgiveness application that is then reviewed by the borrower’s lender. In response to  comments […]

Jun. 17, 2020

In Business Privilege Tax Case, Court Confirms Phoebe Services Not Liable

In a case regarding  business privilege tax, the Lehigh County Court of Common Pleas found in favor of Fitzpatrick Lentz & Bubba (FLB) client Phoebe Services, Inc. and established on appeal that Phoebe Services, Inc. is not liable to the City of Allentown (the City) for the tax. In late 2019, FLB Shareholder and Chair […]

Jun. 5, 2020

Updated Guidance for Businesses Reopening in Pennsylvana

More than two months have passed since Governor Tom Wolf declared the closing of non-life-sustaining businesses. During these months of closure and stay-at-home, Governor Wolf introduced a phased reopening plan for Pennsylvania in which a three-phase approach (Red, Yellow and Green Phases) is used to determine when counties and/or regions are ready to begin opening […]

Jun. 4, 2020

Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010)

Following significant backlash from business owners, members of Congress, accountants, academics and others, yesterday, Congress passed H.R. 7010, otherwise known as the Paycheck Protection Program Flexibility Act of 2020, and is expected to be signed into law by the President, today, June 4, 2020.  H.R. 7010 is a bill that modifies the CARES Act in […]

May. 29, 2020

Pennsylvania’s Judicial Emergency to Cease as of June 1

On May 21, 2020, the Pennsylvania Supreme Court issued an Order declaring that the previously established judicial emergency in Pennsylvania will cease after June 1, 2020. However, the Court also ordered that previously entered judicial orders in the intermediate appellate courts and local courts shall remain in full force and effect until they expire by […]