--- title: Foreign Owned US Subsidiaries Not Automatically Excluded From Paycheck Protection Program (PPP) description: Many U.S. subsidiaries of foreign parents have been asking whether they qualify for the PPP or other CARES Act loan programs. image: https://blog.goosmannlaw.com/hubfs/us%20subsidiaries_payment%20protection%20program.jpg --- [![Goosman Lawfirm](https://blog.goosmannlaw.com/hs-fs/hubfs/Goosmannlaw%20October2017/images/Goosmann_Law_Firm_logo_4C-white.png?width=1250&name=Goosmann_Law_Firm_logo_4C-white.png "Goosman Lawfirm")](http://goosmannlaw.com/) - [COVID-19 Toolbox](https://goosmannlaw.com/covid-19-resource-toolbox/) - Our Team - [Attorneys](https://goosmannlaw.com/attorneys/) - [Non-Attorney Staff](https://http://goosmannlaw.com/non-attorney-staff/) - Practices & Industries - [Practices](https://goosmannlaw.com/practices/) - [Banking & Finance](https://goosmannlaw.com/banking-finance/) - [Bankruptcy, Restructuring & Workouts](https://goosmannlaw.com/bankruptcy-restructuring-workouts/) - [Business](https://goosmannlaw.com/business/) - [Divorce & Family Law](https://goosmannlaw.com/divorce-family-law/) - [Employment](https://goosmannlaw.com/employment-law/) - [Environmental, Health & Safety](https://goosmannlaw.com/health-safety/) - [Estate Planning](https://trustlawcounsel.com) - [Gestational Surrogacy & Adoption](https://goosmannlaw.com/gestational-surrogacy-adoption/) - [International Law](http://goosmannlaw.com/international-law/) - [Litigation / Trial Law](https://goosmannlaw.com/litigation-trial-law/) - [Local Counsel](https://http://goosmannlaw.com/local-counsel/) - [Mergers & Acquisitions](https://goosmannlaw.com/mergers-acquisitions/) - [Rapid Response](https://goosmannlaw.com/rapid-response/) - [Industries](https://goosmannlaw.com/industries/) - [Agribusiness & Cooperatives](https://goosmannlaw.com/agribusiness-cooperatives/) - [Construction](https://goosmannlaw.com/construction/) - [Cyber Law and Telecommunications](https://goosmannlaw.com/cyber-law/) - [Education](https://goosmannlaw.com/education/) - [Health Care](https://goosmannlaw.com/health-care/) - [Manufacturing](https://goosmannlaw.com/manufacturing-law/) - [Multifamily Housing](https://goosmannlaw.com/multifamily-housing-law/) - [Non-Profit & Tax Exempt Organizations](https://goosmannlaw.com/non-profit-law/) - [Real Estate](https://goosmannlaw.com/real-estate/) - [Transportation](https://goosmannlaw.com/transportation/) - [Tribal](https://goosmannlaw.com/tribal/) - Our Firm - [Firm News](https://blog.goosmannlaw.com/firm-news) - Careers - [Attorneys](https://goosmannlaw.com/careers/attorneys/) - [Administration](https://goosmannlaw.com/careers/administration/) - [Internships](https://goosmannlaw.com/careers/internships/) - [Client Testimonials and Results](https://goosmannlaw.com/our-firm/client-testimonials-and-results/) - [Culture, Diversity, and Community](https://http://goosmannlaw.com/our-firm/culture-diversity-and-community/) - [Women-Owned Business](https://goosmannlaw.com/our-firm/women-owned-business/) - [Associations & Memberships](https://goosmannlaw.com/associations-memberships/) - [Firm History](https://goosmannlaw.com/firm-history/) - Blogs - [CEO Law Review](https://blog.goosmannlaw.com/ceo-on-your-side) - [Construction Lawyer](https://blog.goosmannlaw.com/construction-lawyer-on-your-side) - [Cyber Lawyer](https://blog.goosmannlaw.com/cyber-lawyer-on-your-side) - [Deal Maker](https://blog.goosmannlaw.com/deal-maker-on-your-side) - [Divorce Docket](https://blog.goosmannlaw.com/divorce-lawyer-on-your-side) - [Food for Thought](https://blog.goosmannlaw.com/agricultural-lawyer-on-your-side) - [HR Legal Insider](https://blog.goosmannlaw.com/human-resources-on-your-side) - [Law Doc](https://blog.goosmannlaw.com/health-lawyer-on-your-side) - [Paralegal Review](https://blog.goosmannlaw.com/paralegal-review/) - [Real Estate Lawyer](https://blog.goosmannlaw.com/real-estate-lawyer-on-your-side) - [Risky Business](https://blog.goosmannlaw.com/risk-manager-on-your-side) - [The Banker’s Suit](https://blog.goosmannlaw.com/banking-lawyer-on-you-side) - [Trial Law Review](https://blog.goosmannlaw.com/trial-lawyer-on-you-side) - [Trust Law Counsel](https://blog.goosmannlaw.com/estate-planning-laywer-on-your-side) - Resources - [COVID-19 Resource Toolbox](https://goosmannlaw.com/covid-19-resource-toolbox/) - [Podcast](http://podcast.goosmannlaw.com/) - [Videos](https://goosmannlaw.com/videos/) - [FREE eBooks & Tools](https://goosmannlaw.com/free-ebooks-tools/) - Contact Us - [Office Locations](https://goosmannlaw.com/locations/) - [Sioux City Law Firm](https://goosmannlaw.com/locations/sioux-city-law-firm/) - [Sioux Falls Law Firm](https://goosmannlaw.com/locations/sioux-falls-law-firm/) - [Omaha Law Firm](https://goosmannlaw.com/locations/omaha-law-firm/) - [Spirit Lake & Spencer Law Firms](https://goosmannlaw.com/locations/spirit-lake-and-spencer-law-firm/) - [Real Estate Closings Office](https://goosmannlaw.com/locations/real-estate-closing-office/) - [Submit a Testimonial](https://goosmannlaw.com/submit-a-testimonial/) - [Sign Up for Our Newsletter](https://goosmannlaw.com/sign-up-for-our-newsletter/) - [Pay Online](https://goosmannlaw.com/pay-online-3/) - [  (855) 843-4531](tel:855-843-4531) ![](https://blog.goosmannlaw.com/hubfs/Blog_Images/Lockbox%20Lawyer/close-button.png) [tel:855-THE-GLF1](tel:855-THE-GLF1) [Business Law](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-law) [CARES Act](https://blog.goosmannlaw.com/ceo-on-your-side/topic/cares-act) [Payment protection program](https://blog.goosmannlaw.com/ceo-on-your-side/topic/payment-protection-program) # [Foreign Owned US Subsidiaries Not Automatically Excluded From Paycheck Protection Program (PPP)](https://blog.goosmannlaw.com/ceo-on-your-side/foreign-owned-us-subsidiaries-are-not-automatically-excluded-from-the-paycheck-protection-program-ppp) By [Jeana Goosmann](https://blog.goosmannlaw.com/ceo-on-your-side/author/jeana-goosmann)   |  15, April 2020 [READ NOW](https://blog.goosmannlaw.com/ceo-on-your-side/foreign-owned-us-subsidiaries-are-not-automatically-excluded-from-the-paycheck-protection-program-ppp) [Read Post](https://blog.goosmannlaw.com/ceo-on-your-side/foreign-owned-us-subsidiaries-are-not-automatically-excluded-from-the-paycheck-protection-program-ppp#article) [![](https://blog.goosmannlaw.com/hs-fs/hubfs/Jeana%20Goosmann%20Headshot_Horizontal.jpg?width=60&name=Jeana%20Goosmann%20Headshot_Horizontal.jpg)](https://blog.goosmannlaw.com/ceo-on-your-side/author/jeana-goosmann) [Jeana Goosmann](https://blog.goosmannlaw.com/ceo-on-your-side/author/jeana-goosmann)  Tags: [Business Law](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-law) [CARES Act](https://blog.goosmannlaw.com/ceo-on-your-side/topic/cares-act) [Payment protection program](https://blog.goosmannlaw.com/ceo-on-your-side/topic/payment-protection-program) ## **Quick Legal Insights** - The historical SBA affiliation rules do not necessarily apply to PPP and other CARES Act loan eligibility. - A U.S. subsidiary of a foreign-owned company may qualify for CARES Act loan programs. - Recently published SBA FAQs provide additional clarity that foreign-owned companies may want to consider, even if their loan application was already rejected. Many U.S. subsidiaries of foreign parents have been asking whether they qualify for the PPP or other CARES Act loan programs. Like many other U.S. companies, they are experiencing the impacts of the COVID-19 pandemic. ## There are two main questions: 1. #### Is a company that is wholly or majority-owned by a foreign entity automatically ineligible for the PPP?  No. 2. #### If the answer to the above question is “no,” do the historical SBA affiliation rules requiring the number of employees of the entire global group to be used when determining eligibility apply? Historically, applications for SBA funding would preclude a foreign-owned entity.  Old rules do not necessarily apply.  es and entrepreneurs. The SBA issued an Interim Final Rule (IFR) communication to address some of the confusion around eligibility. That communication starts by saying: | #### ***An entity generally is eligible for the PPP if it, combined with its affiliates, is a small business as defined in section 3 of the Small Business Act (15 U.S.C. 632,) ….*** | | --- | This statement has led many to a conclusion consistent with past SBA practice that a foreign-owned company is not eligible. However, the IFR communication goes on to say: | #### ***OR**** 1) has 500 or fewer employees whose principal place of residence is in the United States or is a business that operates in a certain industry and meets applicable SBA employee-based size standards for that industry and (2) is \[a qualifying tax-exempt nonprofit, tax-exempt veterans organization, or Tribal business\] or any other business concern.* | | --- | The key word there is **“or,”** meaning a company **does not** have to qualify as a small business under historical SBA rules to be eligible for the PPP. ## **Additional FAQs released April 6 add clarity.** Because lenders, borrowers, and advisors continued to struggle to interpret this and other language governing the PPP, the SBA and Department of the Treasury issued a list of frequently asked questions (FAQs) on April 6, 2020. Question 3 of the FAQs asked if a business seeking a PPP loan has to qualify as a small business concern under the Small Business Act, to which the answer was: | #### *No. In addition to small business concerns, a business is eligible for a PPP loan if the business has 500 or fewer employees ***whose principal place of residence is in the United States***, or the business meets the SBA employee-based size standards for the industry in which it operates.* | | --- | This subsequent communications clarifies the answers to the above questions. Foreign-owned companies are **not **automatically excluded from being eligible for the PPP, and the employee-based size test under the affiliation rules applies only to employees whose principal place of residence is the United States.  It is still unclear how the term “principal place of residence is in the United States” will be applied to foreign citizens currently living and working in the U.S. and to U.S. citizens currently living and working outside the U.S. It is possible your lender may have interpreted the IFR language differently or that your application may have been rejected before the April 6 FAQ guidance was issued. We encourage you to check with your lender when applying or re-engage with your lender if your application was improperly rejected. The FAQs do state that the borrower is responsible for determining the proper employee head count and that lenders do not need to make an independent determination. The U.S. government will not challenge lender PPP actions that conform to the guidance provided in the IFRs and FAQs. The information coming from the SBA and Department of the Treasury continues to be fluid, and the interpretations by lenders, borrowers, and advisors can be inconsistent. However, the newly released clarifications align with the stated purpose and intent of the PPP, which is to preserve American jobs by providing relief to America’s small businesses. [![Visit Our COVID-19 Resource Toolbox](https://no-cache.hubspot.com/cta/default/489404/59c3de8d-4035-4750-b970-40f2d332fb15.png)](https://cta-redirect.hubspot.com/cta/redirect/489404/59c3de8d-4035-4750-b970-40f2d332fb15) --- ## **Call us to help you through the business impact that COVID-19 brings.** ## **(855) 843-4531** **You can reach any of our team members listed below 24/7 on our Rapid Response Team:** ## **RAPID RESPONSE TEAM** - **[Jeana Goosmann](https://goosmannlaw.com/attorneys/jeana-l-goosmann/)**CEO & Managing Partner**(712) 251-2250** - **[Andy Simpson](https://goosmannlaw.com/attorneys/andrew-w-simpson/)**Partner**(402) 658-8075** - **[Jamey Drury](https://goosmannlaw.com/attorneys/jamey-drury/)**Attorney**(712) 444-5177** - **[Patrick McNamara](https://goosmannlaw.com/attorneys/patrick-mcnamara/)** Attorney **(631) 255-9109** ### Select Different CTA for each Post from Blog Editor [![New Call-to-action](https://no-cache.hubspot.com/cta/default/489404/a8cefc17-3b9d-4de0-89cd-e60a64752422.png)](https://cta-redirect.hubspot.com/cta/redirect/489404/a8cefc17-3b9d-4de0-89cd-e60a64752422) ### Subscribe Our Blog Thanks for submission!! - Recent - Popular ### Posts by Topic - [CEO (159)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/ceo) - [Business News and Insights (65)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-news-and-insights) - [Firm News (31)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/firm-news) - [COVID-19 (16)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/covid-19) - [Employment News and Insights (15)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/employment-news-and-insights) - [Real Estate News and Insights (14)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/real-estate-news-and-insights) - [Litigation & Trial (11)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/litigation-trial) - [Business Litigation (7)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-litigation) - [coronavirus (7)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/coronavirus) - [Litigation News and Insights (6)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/litigation-news-and-insights) - [PPP Loans (6)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/ppp-loans) - [Business Law (5)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-law) - [CARES Act (5)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/cares-act) - [Corporate Law (5)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/corporate-law) - [Employment Law (5)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/employment-law) - [Estate Planning (5)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/estate-planning) - [Real Estate Law (5)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/real-estate-law) - [Finance (4)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/finance) - [Taxes (4)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/taxes) - [business owner (4)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-owner) - [2021 (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/2021) - [Be Worth It (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/be-worth-it) - [Business Leader (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-leader) - [Employer (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/employer) - [Human Resources (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/human-resources) - [Risk Management (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/risk-management) - [cpa (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/cpa) - [entrepreneur (3)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/entrepreneur) - [Buy-Sell (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/buy-sell) - [Construction News and Insights (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/construction-news-and-insights) - [Cryptocurrency (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/cryptocurrency) - [Cyber Law (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/cyber-law) - [Deal Maker (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/deal-maker) - [Divorce & Family Law (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/divorce-family-law) - [Employee Benefits (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/employee-benefits) - [FFCRA (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/ffcra) - [Family Law News and Insights (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/family-law-news-and-insights) - [Filing a Lawsuit (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/filing-a-lawsuit) - [HR (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/hr) - [Inflation (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/inflation) - [Payment protection program (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/payment-protection-program) - [Selling a Business (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/selling-a-business) - [Sioux City Law Firm (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/sioux-city-law-firm) - [Sioux Falls Law Firm (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/sioux-falls-law-firm) - [Small Business Owner (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/small-business-owner) - [Strategies (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/strategies) - [Trust Planning (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/trust-planning) - [Wellness Plans (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/wellness-plans) - [commercial real estate (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/commercial-real-estate) - [cybersecurity (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/cybersecurity) - [leadership (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/leadership) - [omaha law firm (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/omaha-law-firm) - [small business (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/small-business) - [tax law (2)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/tax-law) - [2018 (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/2018) - [2020 (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/2020) - [30(B)(6) Notice (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/30b6-notice) - [Agriculture (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/agriculture) - [Banking (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/banking) - [Bankruptcy (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/bankruptcy) - [Blockchain Technology (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/blockchain-technology) - [Breach of Contract (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/breach-of-contract) - [Business Divorce (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-divorce) - [Business Planning (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-planning) - [Conference (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/conference) - [Contracts (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/contracts) - [Creditor (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/creditor) - [DAPT (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/dapt) - [Dodd-Frank Act (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/dodd-frank-act) - [ESOP (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/esop) - [Employment Handbook (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/employment-handbook) - [Family Business (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/family-business) - [Financial Planning (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/financial-planning) - [First Amendment (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/first-amendment) - [Government Contract (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/government-contract) - [Hiring & Firing (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/hiring-firing) - [IRS (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/irs) - [LLC vs. S-Corp (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/llc-vs-s-corp) - [Lawsuit (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/lawsuit) - [Marijuana (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/marijuana) - [Media Law and Technology & Science (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/media-law-and-technology-science) - [Networking (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/networking) - [Non-Disclosure Agreements (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/non-disclosure-agreements) - [OSHA (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/osha) - [OSHA News (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/osha-news) - [Petitioning Creditor (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/petitioning-creditor) - [Real Estate (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/real-estate) - [SBA disaster loan (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/sba-disaster-loan) - [SEC regulations (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/sec-regulations) - [Sioux City Attorney (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/sioux-city-attorney) - [Sioux Falls Attorney (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/sioux-falls-attorney) - [Succession Plan (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/succession-plan) - [Tax Credit (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/tax-credit) - [Team Culture (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/team-culture) - [Team Motivation (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/team-motivation) - [Technology Driven Workplace (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/technology-driven-workplace) - [Telephone Consumer Protection Act (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/telephone-consumer-protection-act) - [Trade Secrets (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/trade-secrets) - [Training (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/training) - [Trust Law Counsel (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/trust-law-counsel) - [Twitter (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/twitter) - [U.S. House of Democrats (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/u-s-house-of-democrats) - [Vaccinations (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/vaccinations) - [Witness Selection (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/witness-selection) - [book (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/book) - [crisis management (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/crisis-management) - [freedom of speech (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/freedom-of-speech) - [hedge fund (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/hedge-fund) - [investor (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/investor) - [legal problems (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/legal-problems) - [paycheck protection program (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/paycheck-protection-program) - [payroll (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/payroll) - [revenue (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/revenue) - [sexual harassment claims (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/sexual-harassment-claims) - [succession planning (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/succession-planning) - [tax reform (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/tax-reform) - [trademark (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/trademark) - [wage and hour (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/wage-and-hour) - [wealth planning (1)](https://blog.goosmannlaw.com/ceo-on-your-side/topic/wealth-planning) DISCLAIMER: The information in this blog post (“post”) is provided for general informational purposes only, and may not reflect the current law in your jurisdiction. By visiting this website, blog, or post you understand that there is no attorney client relationship between you and the Goosmann Law Firm attorneys and website publisher. No information contained in this post should be construed as legal advice from Goosmann Law Firm, PLC, or the individual author, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through, this Post without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer licensed in the recipient’s state, country or other appropriate licensing jurisdiction. #### Let Us Know What You Thought about this Post. Put your Comment Below. [Previous Post](https://blog.goosmannlaw.com/ceo-on-your-side/3-potential-strategies-for-the-paycheck-protection-program-ppp) ##### [3 Potential Strategies for the Paycheck Protection Program (PPP)](https://blog.goosmannlaw.com/ceo-on-your-side/3-potential-strategies-for-the-paycheck-protection-program-ppp) [Next Post](https://blog.goosmannlaw.com/ceo-on-your-side/when-revenue-is-down-payroll-is-too-high-what-are-your-hr-options) ##### [When Revenue Is Down & Payroll Is Too High What Are Your HR Options?](https://blog.goosmannlaw.com/ceo-on-your-side/when-revenue-is-down-payroll-is-too-high-what-are-your-hr-options) ### Contact Info **Sioux City Location** P. 712-226-4000 F. (712) 224-4517 **Sioux Falls Location** P. (605) 371-2000 F. (605) 275-2039 **Omaha Location** P. (402) 280-7648 F. (402) 505-3967 --- [Disclaimer](http://goosmannlaw.com/list-all-blogs/disclaimer/) | [Privacy Policy](http://goosmannlaw.com/privacy-policy/) ### Locations **Sioux City Location** 410 5th Street Sioux City, IA 51101 **Sioux Falls Location** 5010 S. Minnesota Avenue, Suite 100 Sioux Falls, SD 57108 **Omaha Location** Advent Building 17838 Burke Street, Suite 250 Omaha, NE 68118 ![Goosmann](https://blog.goosmannlaw.com/hs-fs/hubfs/Blog_Images/Lockbox%20Lawyer/goosmann-white.png?width=250&name=goosmann-white.png "Goosmann") Goosmann Law Firm is a FULL SERVICE LAW FIRM with locations in Sioux City, Iowa, Sioux Falls, South Dakota, and Omaha, Nebraska. Goosmann Law attorneys are licensed to practice in Iowa, Nebraska, South Dakota, and North Dakota. Their attorney team's practices and industries include but are not limited to Agribusiness and Cooperatives, Banking and Finance, Bankruptcy, Restructuring and Workouts, Business, Construction, Cyber Law and Telecommunications, Divorce and Family Law, Education, Employment, Environmental Health and Safety, Gestational Surrogacy and Adoption, Health Care, Litigation and Trial Law, Manufacturing, Mergers and Acquisitions, Municipal, Nonprofit and Tax Exempt Organizations, Real Estate, and Transportation, Tribal, Wills, Trusts, Estate Planning, and Probate Law. Goosmann © Copyright 2017