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https://cdle.colorado.gov/wage-and-hour-laws
Colorado Wage Act The Colorado Wage Act (C.R.S. 8-4-101 et seq.) requires Colorado employers to pay employees their earned wages in a timely manner. The Wage Act is commonly referred to as the Colorado Wage Law, the Colorado Wage Claim Act, or the Colorado Wage Protection Act. The law addresses deductions from wages, vacation, commissions, bonuses, final pay, pay periods and paydays, and pay ...
https://www.lawinfo.com/resources/wages/colorado/what-are-the-rules-on-final-paychecks-in-colo.html
If the department is located away from the work site, the final paycheck must be delivered to the employee within 24 hours of their next regular workday. If an employee resigns from a job, an employer in Colorado must issue their final paycheck at the next regularly scheduled payday.
https://ptmoney.com/paycheck-protection-program/
All their hours combined equal only 4.2 FTE (meaning 4.2 x 40 hours/week). I have already laid off 12 of them. I read about hiring them back as part of the PPP.
https://bench.co/blog/operations/paycheck-protection-program/
The Paycheck Protection Program is a loan program that originated from the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This was originally a $350-billion program intended to provide American small businesses with eight weeks of cash-flow assistance through 100 percent federally guaranteed loans.
https://www.forbes.com/sites/anthonynitti/2020/04/15/ten-things-we-need-to-know-about-paycheck-protection-program-loan-forgiveness/
https://www.hourly.io/post/what-the-paycheck-protection-program-means-for-your-small-business
The Paycheck Protection Program was passed as part of the CARES Act. The program initially oversaw nearly $350 billion in funding. But the demand for PPP loans was so high, the funds were depleted in less than two weeks—which led to Congress passing legislation in April 2020 to replenish the Paycheck Protection Program with an additional $310 ...
https://www.adp.com/contact-us/customer-service/paycheck-protection-program.aspx
The Paycheck Protection Program Flexibility Act provides that at least 60% of the covered loan amount must be used for payroll costs. If less than 60% of the loan amount is used on payroll costs, the amount of the loan that is forgiven may be reduced.
https://en.wikipedia.org/wiki/Paycheck_Protection_Program
The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations, and tribal businesses continue paying their workers.
https://equitablegrowth.org/did-the-paycheck-protection-program-work-for-small-businesses-across-the-united-states/
Granja and his co-authors, in their study “Did the Paycheck Protection Program Hit the Target?,” came to similar conclusions, noting that areas predominately served by the largest banks—JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc., and Bank of America Corp.—underperformed in the provision of PPP loans, given those banks ...
https://www.housecallpro.com/learn/paycheck-protection/
Update: July 2, 2020. The deadline to apply for the Paycheck Protection Program has been extended to August 8, 2020. There is still over $130 billion in unused funds through the program since the original application deadline on June 30. Congress is also expecting to pass another relief package. when they return from a two-week recess.
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