COVID-19 Measure: SBA Resumed Accepting New Paycheck Protection Program (PPP) Applications


This article incorporates updates based on (i) the extended application deadline in response to the President signing the Paycheck Protection Program’s extension legislation on July 4, 2020 (new application deadline: August 8, 2020), (ii) the updated PPP loan forgiveness application and the new EZ version of the application published by the SBA on June 17, 2020, and (iii) the Paycheck Protection Program Flexibility Act signed on June 5, 2020.

The Small Business Administration (SBA) resumed accepting new applications for the Paycheck Protection Program (PPP) from July 6, 2020 upon the coronavirus stimulus bill and amendments being signed into law.  The new application deadline is August 8, 2020.  The PPP is designed to provide small businesses

COVID-19 Measure: Economic Injury Disaster Loan (EIDL) Overview


On July 11, 2020, the SBA announced the conclusion of the Economic Injury Disaster Loan (EIDL) Advance program due to the exhaustion of the program funding. The SBA still accepts EIDL loan applications even though the Advance is no longer available. (See SBA webpage for details.)

Small businesses and private, nonprofit organizations may apply for the Economic Injury Disaster Loan (EIDL) provided by the U.S. Small Business Administration (SBA).  An EIDL is a long-term, low interest rate loan that purports to support small businesses

Changes to Overtime Rules in 2020: Washington State and Federal Laws


The earnings thresholds and other conditions necessary to exempt employees from overtime rules will change on July 1, 2020 under the Washington Minimum Wage Act and on January 1, 2020 under the federal Fair Labor Standards Act (“FLSA”).  The changes will generally affect management-level and professional employees who are considered exempt

Washington Paid Family & Medical Leave Program will Start in 2019


Washington Paid Family and Medical Leave Program will take effect January 1, 2019.  This is an insurance program that provides insurance payments to employees when the employees take a leave to care for their family or for medical reasons.  The following two steps will implement this program

Washington Paid Sick Leave Law: Comparison to Seattle Paid Sick & Safe Time Ordinance


On January 1, 2018, the paid sick leave law will take effect in the State of Washington. Under the law, non-exempt employees will be entitled to one hour paid sick leave for 40 hours of work. The following chart presents a summary of the law. A similar ordinance, the paid sick and paid safe time (“PSST”), has been already in effect in the City of Seattle. The chart shows a comparison of the new Washington law versus the existing Seattle ordinance. Please use the chart to see if either is applicable to your business.