Amy Johnson

Paycheck Protection Program Flexibility Act

By Amy Johnson | 05.28.2020
The House passed a bill this afternoon that would provide businesses with greater flexibility with regard to their uses of Paycheck Protection Program (PPP) funds. The legislation -- titled the Paycheck Protection Program Flexibility Act -- was introduced by Republican Rep. Chip Roy of Texas and Democratic Rep. Dean Phillips of Minnesota. It is... Read More

Guidance Regarding PPP Forgiveness

By Amy Johnson | 05.18.2020
On Friday, the SBA released much-anticipated guidance regarding the forgiveness component of Paycheck Protection Program loans: SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application The guidance includes the forgiveness worksheet that borrowers will be required to fill out as well as information on the types of... Read More

Main Street Lending Program

By Amy Johnson | 04.09.2020
The U.S. Treasury released information today on its Main Street Lending Program (“MSLP”). Many at this point are familiar with the Paycheck Protection Program (“PPP”) created by the CARES Act; the MSLP is being billed as the corresponding mid-size business program. More details are yet to come, however: The MSLP will enhance support for small and... Read More

Identification of "Essential Business" Employees

By Amy Johnson | 03.26.2020
As more cities and states are moving to require citizens to “shelter in place,” how do “essential business” employees identify themselves? The “shelter in place” orders that have been issued so far have been issued by city or state governments. Each order may have specific nuances; however, the general employee identification form will be similar.... Read More

Businesses in All 99 Iowa Counties Now Qualify for SBA Disaster Loans

By Amy Johnson | 03.22.2020
Effective Saturday, March 21, 2020, businesses in all 99 Iowa counties qualify for Small Business Administration (“SBA”) Economic Injury Distress Loans (the “Loans”). The Loans are working capital only loans that are meant to help small businesses weather the ongoing Covid-19 crisis. The credit requirements for the Loans are minimal and include:... Read More

SBA Offers Low Interest Federal Disaster Loans in Designated States

By Amy Johnson | 03.20.2020
UPDATE: On Saturday, March 21st, Governor Kim Reynold announced that the U.S. Small Business Administration (SBA) has issued a disaster declaration for the state of Iowa as of January 31, 2020 and continuing. The declaration allows pandemic-impacted small businesses to apply for low-interest support loans. The declaration comes after Iowa Governor... Read More

Is Your Business Protected Against Business Interruptions?

By Amy Johnson | 03.13.2020
COVID-19 has reminded businesses of the need to have plans for business interruption, contingency processes and procedures, and human resources and staffing preparedness in the event of disaster. Additionally, businesses need to review their contacts and ensure they are protected in the event their ability to perform per contractual obligations is... Read More

Agricultural Production Facility Fraud Law Found Unconstitutional

By Amy Johnson | 01.10.2019
On Wednesday, January 9, 2019, the United States District Court for the Southern District of Iowa Central Division found in favor of a number of anti-ag industry groups; including ICCI and PETA - in a case involving the constitutionality of Iowa’s Agricultural Production Facility Fraud Law (commonly known as the “Ag-Gag Law”). The Court’s... Read More

Gacke Lives

By Amy Johnson | 06.22.2018
The Iowa Supreme Court issued a unanimous opinion this morning reversing a Wapello County ruling that Iowa Code Section 657.11(2) was unconstitutional as applied to plaintiffs in a swine nuisance case. The result being that for a court to determine that Iowa Code Section 657.11(2) is unconstitutional in its application to a specific plaintiff, a... Read More

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