Columbus Bar Lawyers Quarterly Summer 2021

Page 46

Summer ‘21: Employment Law

PPP Loans and Our Small Business,

General Innovations and Goods, Inc. by Janyce C. Katz, Sr. VP. GI&G

The COVID-19 pandemic that started in early 2020 not only sickened and killed millions in the U.S.A.; it also devastated the U.S. economy. Between an ever-growing number of individuals who developed some form of the disease and the prevaccination attempts to slow its spread, employees were laid off or were working at home; in-person shopping slowed to the minimum; many stores,

restaurants, religious worship places and factories lacked both staff and patrons/customers; and, as a result, many small businesses faced financial ruin. Most of us turned into semi-hermits, getting our culture, meeting our family and friends, doing work and conducting meetings on the Internet. Others, such as those lacking Internet access, essential workers and essential businesses tried as best as they could to survive.

46 | Columbus Bar L aw yers Quarterly Summer 2021


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