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Alabama Lawyers Association | Post Office Box 242551 | Montgomery , Alabama 35124-2551




Message from National Bar President, Alfreda Robinson

Under the CARES Act, the Payroll Protection Plan (Section 1102) provides a direct incentive to employers to keep employees paid through June 30, 2020, and provides for a low interest loan which may be forgiven if the business uses the funds for payroll costs, salaries, rent, mortgage, lease, utility payments, debt related expenses, and payroll support including paid sick leave, family leave, insurance premiums, and group health insurance benefits. Small business owners may also apply for an Economic Injury Disaster Loan and Loan Advance. The loan advance of up to $10,000 does not have to be repaid.

 

 

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