The SBA has announced a new forgiveness form and requirements for PPP loan recipients who borrowed a total of $50,000 or less. The new Form 3508S is even more streamlined than the PPP loan forgiveness Form 3508EZ and takes into account exemptions if a borrower reduced full-time equivalent (FTE) employees or salaries or wages. Read this article for the latest on small PPP loan forgiveness.

If you’re organization is anticipating a merger or sale of assets with dissolution, and either of the parties to the deal have received a PPP loan, there are important considerations for your nonprofit to keep in mind. On October 2, the SBA released further guidance on what happens to PPP funds where there is a change in company or asset ownership. Read THIS ARTICLE to learn more about how a merger or asset sale could impact PPP …

Join PBPA staff attorneys in a virtual webinar as they offer their perspectives on legal issues around COVID-19 and nonprofits. During this one-hour webinar, the speakers will draw from their diverse experience in counseling Georgia nonprofit clients during these unprecedented times, covering topics like employment, contracts, leases and board governance. Additional Links: PBPA COVID-19 Resource Page Do This One Thing To Take Advantage of Potential COVID Immunity Corporate Governance During a Pandemic View the Webcast

You sign them all the time, for your child’s field trip or when you rent some roller skates. What does a waiver, or release of liability, really mean? And what protection can it provide your organization from COVID-related liability? In this podcast, our guest, Larry Kunin, speaks with us about when and why a nonprofit might need to have a release of liability signed. Larry also answers some common logistical questions, including how long you need to …

Yes, in certain situations employers must provide up to two hours of leave for employees to vote. Read this article to learn more about Georgia voting leave requirements and limitations .

The current COVID-19 pandemic has created various lease issues for nonprofits, both as landlords and tenants. An analysis of these issues requires particular attention to the express terms of the lease and the facts of the leasing relationship. During this presentation, we will look at COVID-19 leasing issues including: • What to look for in your existing lease.• What happens if your landlord goes out of business?• What options does a nonprofit landlord have if their residential …