Key insights The Paycheck Protection Program is designed to bring relief to eligible organizations/individuals affected by the coronavirus pandemic. The PPP is a loan through the SBA designed to provide a direct incentive for small business to keep themselves/their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for covered expenses (payroll, rent, mortgage interest, or utilities. “Forgiven loan” means the loan will become a tax-free grant Each individual and business circumstances are different and benefits under enhanced unemployment benefit should be weighed against the benefits of the PPP program Guidance continues to be released. Read through these frequently asked questions for more information. As organizations, sole proprietors, independent contractors and self -employed individuals start digging into the details of the Paycheck Protection Program (PPP), many are finding they have more q...

April 3, 2020 (Clarence, NY) – Essex Homes of WNY, one of the area’s largest, privately owned custom homebuilders is advocating for a return of “essential” business status for home building and other low-rise construction businesses in the wake of the Covid-19 epidemic. The announcement was made by Philip J. Nanula, president of Essex Homes of WNY.  Governor Cuomo is providing bold and determined leadership in this time of unprecedented crisis caused by the current COVID-19 epidemic. The governor has a difficult and often thankless task of changing the most basic of human traits — socializing with others, in order to prevent the spread of the killer coronavirus.  All citizens and businesses in New York must affirmatively respond to Governor Cuomo’s efforts to enforce social distancing. The residential construction industry has worked diligently with the National Association of Homebuilders (NAHB) to arrive at new stringent safety protocols to respond to COVID-19. Single-f...