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MSF Client Alert -SBA Guidance on Fund Limits for Owners/Self-Employed Individuals & High Earning Individuals
June 18, 2020
You asked, the Small Business Administration (“SBA”) answered. Following passage of the Paycheck Protection Program Flexibility Act, the SBA issued guidance increasing the maximum amount of payroll costs that can be forgiven for business owners, self-employed individuals and employees earning more than $100,000 when a borrower uses a 24-week covered period.
To download the full client alert, please click here.
Andrea B. Neuman
Partner | Chair, Employment
212.655.3513 | abn@msf-law.com
Gregg M. Kligman
Counsel | Employment
(646) 273 8209 | gmk@msf-law.com
Bob G. Goldberg
Partner | Chair, Taxation & Estates
212.655.3526 | bgg@msf-law.com