Paycheck Protection Program Information for ESOP Companies

If your ESOP company has taken a Paycheck Protection Program loan or is considering one, we have assembled a list of resources to help you navigate the complex process and make sense of the frequently updated guidelines. Please reach out to our professionals if you’d like more information.

Recent Paycheck Protection Program News Updates

Paycheck Protection Program Loans: Forgiveness
May 28, 2020

UPDATED: SBA Formally Announces Enforcement Program for PPP Loans
Updated May 13, 2020

Important CARES Act/Paycheck Protection Program Update
Updated April 2, 2020

Expanded Economic Relief Programs for Small Businesses Under the Coronavirus Aid, Relief and Economic Security Act
March 30, 2020

Practical Considerations for Businesses in the COVID-19 Era
March 24, 2020


Selected Resources for Small Businesses

Small Business Administration Interim Final Rules regarding the PPP related to Promissory Notes, Authorizations, Affiliation and Eligibility

Paycheck Protection Program FAQs for Small Businesses (updated May 13, 2020)

Coronavirus Small Business Guide

Coronavirus Emergency Loans – Small Business Guide and Checklist

Guide To The Employee Retention Tax Credit For COVID-19 Impacted Employers

Coronavirus Paid Leave Programs – Employer Guide


If you’re part of an existing ESOP company and looking for assistance during or after the COVID-19 crisis, contact our professionals. We also offer a full range of services to existing ESOP companies.

Our affiliated full-service law firm, Stevens & Lee, also offers a COVID-19 Resource Center and the firm’s attorneys can help guide you through labor and employment issues, litigation, restructuring and more. Griffin Financial Group, our affiliated FINRA-licensed investment bank, can also assist clients with issues affecting them during the coronavirus pandemic.

Please reach out to our ESOP professionals with any questions and we will be happy to assist.