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COVID-19

COVID-19 Payment Protection Program Update 7.1.20

New PPP Bill introduced in the Senate: On Tuesday the Senate passed a bill which extends the application deadline for the PPP an additional 5 weeks (recall that the deadline was yesterday and they still had about $130 billion in…

Paul McQuadeJuly 1, 2020

Operations U.S Manufacturing Workforce Development

A Holistic Approach to Developing a Modern Manufacturing Workforce

Developing A Modern Manufacturing Workforce In line with the continuous process improvement mindset the Oregon Manufacturing Extension Partnership (OMEP) advocates, its Smart Talent methodology has evolved a great deal during the five years OMEP has been practicing it. Smart Talent was launched…

Paul McQuadeJune 30, 2020

COVID-19

COVID-19 Payment Protection Program Update 6.24.20

PPP - We wanted to share some new information regarding a new IFR that came out today regarding the covered period: Change to forgiveness process: As we all know, the Covered Period was recently changed to be either 8 weeks…

Paul McQuadeJune 24, 2020

Advanced Technologies COVID-19 Data Analytics Industry 4.0

4 Technology Investments to Guide Manufacturers Post COVID-19

Embracing the right technology strategy post-pandemic could prove to be a stabilizing investment. It is too early to say if the US has moved passed the worst of the pandemic. After all, as medical professionals warn, another surge is a…

Paul McQuadeJune 24, 2020

COVID-19

COVID-19 Funding Assistance Update 6.18.20

Main Street Lending Program (“MSLP”): The MSLP was first introduced back in April and there was a lot of initial press around the program as an alternative to the PPP for larger companies. Actually rolling it out to the public,…

Paul McQuadeJune 18, 2020

COVID-19

COVID-19 Funding Assistance Update 6.17.20

New Interim Final Ruling: The SBA released yet another Interim Final Ruling which provides for a variety of administrative updates/corrections, however there are a few notable clarifications as follows: The SBA confirms that the maximum forgivable salary for non-owner employees…

Paul McQuadeJune 17, 2020

COVID-19

COVID-19 Payment Protection Program Update 6.15.20

The AICPA recently released a Technical Question and Answer (TQA) on the matter, while the TQA does indicate that gain contingency guidance is acceptable, it also opens the door to an alternate conclusion (see the link above and excerpt below). …

Paul McQuadeJune 15, 2020

Small Businesss Payment Protection Program

COVID-19

COVID-19 Payment Protection Program Update 6.11.20

60/40 “cliff” rule addressed: As we previously noted, the PPP Flexibility Act. changed the 75%/25% rule to a 60%/40% rule, allowing companies to realize a greater benefit from the non-payroll costs they incurred during their covered period. However, the law…

Paul McQuadeJune 11, 2020

COVID-19

COVID-19 Payment Protection Program Update 6.8.20

The PPP Flexibility Act was signed into law on Friday. Over the last few weeks we have covered many important components of the Bill, our latest article covers more of the salient points as well as the nuances that all…

Paul McQuadeJune 8, 2020

COVID-19

COVID-19 Payment Protection Program Update 6.5.20

The PPP Flexibility Act is on its way to the White House for signature. We have written extensively about what was in the legislation (see COVID Update on May 29 and our Article). A few observations that we wanted to…

Paul McQuadeJune 5, 2020

COVID-19 Payment Protection Program Update 7.1.20

A Holistic Approach to Developing a Modern Manufacturing Workforce

COVID-19 Payment Protection Program Update 6.24.20

COVID-19 Funding Assistance Update 6.18.20

COVID-19 Funding Assistance Update 6.17.20

COVID-19 Payment Protection Program Update 6.15.20

COVID-19 Payment Protection Program Update 6.11.20

COVID-19 Payment Protection Program Update 6.8.20

COVID-19 Payment Protection Program Update 6.5.20

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