Karen Young


SBA Restricts PPP Loan Applications for Employers with 20 Employees for 5 More Days

by Karen Young

https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#section-header-3

President Biden announced restrictions to the SBA’s PPP 2.0 loan applications to benefit small businesses and non-profit organizations with fewer than 20 employees and sole proprietorships for a 2-week period from Wednesday, February 24, 2021 through March 9, 2021. On March 10, 2021, employers with over 20 employees will be able to again apply for PPP 2.0 funding until the expiration of this installment of funding on March 31, 2021.

...Read More

PPP Round 2: Who’s Eligible & The Summary of Terms

by Karen Young

If your business or nonprofit did not get funds from the first round of the Paycheck Protection Program (PPP), and maybe even if it did, you could get another bite at the apple. Your business/nonprofit may also be eligible to re-apply in the next round if you were rejected in the first round OR if you used up your first PPP loan (with some exceptions) if you can prove that your receipts are down at least 25% in at least one equivalent quarter from 2019 and 2020.

...Read More

Gutwein Law's Return to Work Resource Guide

by Karen Young

Whether your company or organization was deemed essential or not – we all want to be careful around co-workers and colleagues – as well as clients and customers – from now on. A multitude of articles have been published and posts have been posted on all the considerations to account for as businesses and organizations re-open their doors and bring back furloughed or quarantined employees. The list below is a compilation of the resources we believe will provide you with the most helpful information as you navigate returning your office, plant, school, or facility.

We will keep updating this chart with recent changes and additions that may impact your place of work and employees.

...Read More

Employers Beware With Your Non-Competes: The Blue Pencil Doctrine is Really ONLY an Eraser

by Karen Young

On December 3, 2019, the Indiana Supreme Court clarified the limited power courts have to revise non-competition agreements.  While Indiana is a “blue pencil doctrine” state, courts won’t do your drafting for you.

The facts of the case, Heraeus Medical, LLC, v. Zimmer, Inc., et. al., 135 N.E.3d 150 (Ind. 2019), are these:

...Read More