by Mark Zeidman | Jun 8, 2020 | COVID-19 Resources, News
Update to SBA’s Paycheck Protection Program On May 28th, the Paycheck Protection Program Flexibility Act of 2020, was passed by the House of Representatives. On June 3rd, the Senate passed the bill, and it now goes to President Trump for his signature. If President...
by Mark Zeidman, Traci Clements and Patricia Wachsmann | May 22, 2020 | COVID-19 Resources, News
PPP Loan Forgiveness Overview [READ UPDATE HERE] The Small Business Administration (SBA) released the form of application allowing borrowers in the Paycheck Protection Program Loan (PPP) to apply for loan forgiveness. The application includes instructions and formulas...
by Richard Spencer | May 21, 2020 | COVID-19 Resources, News
Health issues have adversely affected the current economic environment. The lack of transactions and customers have created revenue shortfalls across the board. Without revenue, businesses are unable to service their debts. Businesspersons are accustomed to dealing...
by Kenn Webb, Chris Williams, Justin Shelton and Patricia Wachsmann | May 7, 2020 | COVID-19 Resources, News
The Division of Corporation Finance (Division) of the U.S. Securities and Exchange Commission (SEC) issued guidance applicable to federal proxy rules, last updated on April 7, 2020, for upcoming annual shareholder meetings and special meetings in light of the...
by Brandon Tittle | May 7, 2020 | COVID-19 Resources, News
A personal guarantee is a legal clause designed to protect the lender in a situation where the business is unable to pay back its debt. If you as a business owner signed a personal guarantee, you may be putting you and your family’s financial future at risk. In the...
by Kenn Webb, Chris Williams, Justin Shelton and Patricia Wachsmann | May 7, 2020 | COVID-19 Resources, News
The U.S. Securities and Exchange Commission (SEC) issued an order on March 4, 2020 and further amended the order on March 25, 2020 granting conditional regulatory relief for filing obligations of publicly-traded companies under the Securities Exchange Act of 1934...
