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Category: Small Business Services

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Paycheck Protection Program SBA Updates

Eligibility On March 27, 2020 President Trump signed into law the CARES Act which included the Paycheck Protection Program (PPP) loan provisions designed to help

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CARES Act

Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic.  The President has indicated that the bill will be

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COVID-19 Update: Loan Modifications for Banks

On March 22, 2020, regulators released an interagency statement on loan modifications by financial institutions working with customers affected by the coronavirus.  This statement applies

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Business Survival Tool Kit

COVID-19 has presented a unique set of challenges from both a health perspective and financial perspective for small business. As companies prepare for several more

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How to Prepare for LIBOR Replacement

The London Interbank Offered Rate, or LIBOR, has been used for decades as the benchmark interest rate for many bank loans, including commercial and small business loans. But regulators have set a goal of