Resource Roundup – PPP Loan Forgiveness Updates

The United States Chamber of Commerce has shared the following updates on PPP loan forgiveness amidst some confusion on the subject.

For employers whose employees have chosen not to return to work, the Treasury Department has clarified its position on loan forgiveness. Specifically, if you’re an employer and want to bring an employee back who had previously been laid off, you will not be penalized if the employee chooses not to return. If you issue a written invitation to invite the employee back to work and the employee declines your written offer, you will not be penalized in PPP loan forgiveness application.

There is still PPP loan money available and businesses should continue to apply.

It is not known yet whether the window for loan use and forgiveness will be expanded beyond June 30, 2020, or if terms will be extended to more non-payroll expenses. While some of these rules could change, businesses are advised to assume the current program guidelines will not change.



Note: This is a summary of aggregated information from other parties and does not express the direct advice of Sam Goldenberg & Associates.

Resource Roundup – Working From Home

The second in our series of resource roundups is dedicated to managing remote work.

Tech and Security

Make sure you have the technology you need. Good internet, a dedicated phone (and reception), account access and passwords, programs – all are easy to take for granted from a work computer with saved login credentials. There are a ton of apps to help with project management, workflow, productivity, and communication. Try to get your team on the same page about what to use and how to use it for clarity and coordination. Waiting while factions of Zoom versus Hangouts users debate which to adopt is a frustrating waste of time. Saving files to a cloud storage service ensures they will be accessible from non-office devices. Don’t neglect security and use a Virtual Private Network to protect your work and data.

Keep a Routine

Establish and maintain consistent working hours. A morning sequence (including getting dressed) is important. If you’re free to set your own timing, there are apps available to help you discover your peak productivity times and track your output. Your routine should also include real breaks, but be disciplined and avoid rabbit holes. Limit your exposure to distractions to non-work time. It’s also helpful to have an “end of work day” ritual to mark the transition between work time and personal time. Attention can easily diffuse across multiple demands (personal, professional, family, etc.) and end up too thin to be useful in any area. A clear start and end to work defines and directs your time and energy.

Have Boundaries

Spatially and conceptually, boundaries are important in this situation. Working out of a dedicated space in your home helps you psychologically shift to and stay in work mode. It also helps anyone with whom you are cohabitating to recognize and support times of concentration that shouldn’t be interrupted. Even if it’s only the difference between a bedroom desk and kitchen table, designating one of those as The Work Station (and keeping other spaces as social, sleeping, non-work areas) helps trigger focus and intention.

It’s also helpful to set some ground rules with your colleagues. While the comforts of home can distract from work, that vector can be reversed and impinge on your presence during personal time. Working from home doesn’t imply 24/7 availability, especially when domestic pressures might be intensifying around school closures!

Define Expectations

Accountability can feel vague and remote corresponding to the drift of normalcy and your colleagues.  Being clear about deliverables and schedules helps sustain everyone’s understanding and work ethic. “In a remote work environment you’re entirely judged by the volume, quality, and timeliness of your output. In this way, remote work is a great equalizer, and you may find it gives you an opportunity to shine,” says Kari DePhillips,  CEO of The Content Factory and cohost of the Workationing podcast. It may be helpful to be super organized about your goals and tasks. Creating daily and weekly lists and action plans provides useful structure in a time when structure feels confused.

Communication is Crucial

Relatedly, clear and frequent communication is imperative. To define, manage, and meet expectations, managers need to provide clear directions and check in often to make sure teams have the tools they need. Team members need to share often to update colleagues on progress, needs, changes, etc. Remember that tone is often lost over emails, so try to stay positive.








Resource Roundup – Business Assistance

Here is the first in a series of resource roundups of helpful information.


Small Business Administration- Disaster Loan Assistance

The Small Business Administration (SBA) is providing up to $2 million in disaster assistance low-interest loans. This funding is now available to all New Mexico small businesses.

Apply online:, call 1-800-659-2955 (TTY: 1-800-877-8339) or email

State of New Mexico – Help for Businesses Negatively Impacted by COVID-19

The State of New Mexico has a business-loan guarantee programs in order to make capital more available to business owners whose operations are severely impacted by the COVID-19 health emergency.

COVID-19 New Mexico Mainstreet

Resources, opportunities, and response examples to help Main Street districts during the health crisis.

Emergency Action Fund for Non-Profits

Albuquerque Community Foundation and United Way of Central New Mexico have teamed up to deploy an Emergency Action Fund to support nonprofit organizations struggling with lost and non-recoverable revenue expenses due to COVID19.

Washington Federal Interest

Free Credit Lines Washington Federal is offering small business lines of credit of up to $200,000 interest free for 90 days.

Facebook Small Business Grant Program

Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where they operate. Use link to sign up for updates as more details are released.