man on rising block chart holding big telescope (Photo: Shutterstock)

It's been a hectic three weeks of pretty much non-stop developments and activity, so I thought it might help to lay out a checklist of ESOP-related issues we've been discussing with our clients during the COVID-19 crisis.

Below, we have taken inventory of some frequently asked questions, and for those questions where the answers are short and fairly simple, we've provided them. For more ESOP/COVID information, see our earlier BenefitsPRO post on valuation issues.

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Paycheck Protection Program

Q: Is the applicant the corporation or the ESOP? A: The corporation.

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