COVID-19 Business and Real Estate Update Click Here for important national and state resources.
Will your insurance cover COVID business interruptions? There is no clear answer. In the past few months, two judges, in the federal district court for the Western District of Missouri have reached opposite conclusions on whether the presence of COVID-19 satisfies a business interruption insurance policy requirement that there be a “direct physical loss.” One…
Can I apply for a PPP loan? In October, the federal government simplified the Paycheck Protection Program (PPP) loan forgiveness process for PPP loans of $50,000 or less. Small businesses with loans of $50,000 or less will now qualify for full loan forgiveness, even if they lost employees or reduced employees’ salaries. These businesses are…
Welcome to Fall, with the continuing pandemic. As counties change phases and the governors periodically update the social distancing rules, we’ve all become accustomed to looking for updates before planning an event. This article provides some of the newest, most relevant COVID-19 updates from the past few weeks. Clark County Business Relief Grant Clark County…
The Washington Supreme Court struck down Initiative Measure 976 (I-976) yesterday, October 15, 2020. I-976 was an initiative, passed by voters, to cap car tab fees at $30 per car. The Court found the initiative as unconstitutional. The Court found I-976 violated Article 2, Section 19 of the Washington Constitution. That section provides that no “bill…
In addition to the CARES Act, the Family Medical Leave Act, unemployment, and tax guidance, we have collected the following nationwide, Washington, and Oregon COVID-19 resources. Nationwide/Federal COVID-19 Resources What federal government agencies are doing in response to COVID-19 CDC Interim Guidance for Businesses and Employers and environmental cleaning guidance Online health self-assessment, Providence –…
The Paycheck Protection Program (PPP), established under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), provides funds to businesses for the purpose of paying up to 8 weeks of payroll and operating costs. PPP funds were offered as a forgivable loan as long as certain criteria on the use of the funds are…
As the COVID-19 curve appears to be flatting somewhat, people are starting to think about and plan for coronavirus recovery and how to return to work. The basic outlines of plans are starting to take shape. As we hear details, we will post them here. FEDERAL The White House published a three-phased Opening Up America…
April 6, 2020 By: Natalya Belonozhko Coronavirus (COVID-19) and governments’ orders to close non-essential businesses in Oregon and Washington have impacted businesses’ ability to operate in their leased spaces and pay rent under their commercial leases. Force Majeure Clause Most commercial leases include a force majeure clause. A force majeure clause provides for the parties’…
In addition to the CARES Act, the Family Medical Leave Act, unemployment, and tax guidance we have collected the following additional nationwide business resources: What federal government agencies are doing in response to COVID-19 CDC Interim Guidance for Businesses and Employers and environmental cleaning guidance Online health self-assessment, Providence – telemedicine visit. Washington COVID-19…
Lots of the rules have changed. So, apply early, apply often, and don’t assume you don’t qualify. There are several unemployment related changes described in the CARES Act 80% of jobs lost were blue collar jobs In Washington: 1-833-572-8400 Weekly claims can be filed seven days a week. They can also be filed over the…
