SBA Paycheck Protection Program
Ciulla & Donofrio, LLP remains open and fully operational. “Legal services” are classified as essential services pursuant to Governor Lamont’s Executive Order 7H. We previously implemented appropriate protective measures and will continue to keep our personnel safe. We are here to support and assist our clients!
Please contact us at T: 203-239-9828
or
email Jeff Donofrio at JDonofrio@cd-LLP.com.
Paycheck Protection Program
‘“The program would provide cash-flow assistance through 100 percent federally guaranteed loans to employers who maintain their payroll during this emergency. If employers maintain their payroll, the loans would be forgiven, which would help workers remain employed, as well as help affected small businesses and our economy snap-back quicker after the crisis. PPP has a host of attractive features, such as forgiveness of up to 8 weeks of payroll based on employee retention and salary levels, no SBA fees, and at least six months of deferral with maximum deferrals of up to a year. Small businesses and other eligible entities will be able to apply if they were harmed by COVID-19 between February 15, 2020 and June 30, 2020. This program would be retroactive to February 15, 2020, in order to help bring workers who may have already been laid off back onto payrolls. Loans are available through June 30, 2020.”