The wait is over for small businesses looking for guidance from the Small Business Administration regarding the PPP loan forgiveness process. The new guidance that was promised for the end …
SBA Addresses Concerns Over Certifying Necessity of PPP Loans
For PPP loan recipients concerned or confused about certifying the necessity of their loans, the SBA has issued guidelines which should provide clarity going forward. A central requirement for applying …
Market Update: Stocks Rally While the Economy Suffers
The Bureau of Labor Statistics released its job report this past week and while many knew it was going to be exceptionally bad, it is still shocking to read. The …
Business Interruption Coverage for COVID-19
With thousands of small businesses under siege, insurance companies are facing increasing pressure to cover claims for business interruption related to the pandemic crisis. Insurance companies have thus far resisted …
Market Update: A Historic Month for the Markets
While grim economic data shows the global economy heading toward a recession you wouldn’t know it by looking at the current stock market. The S&P 500 ended April up 12.7%—its …
Managing Cash Flow During the COVID-19 Crisis
Facing one of the most severe economic contractions in U.S. history, many small businesses are struggling for survival. For most businesses, as business slows, contracts are delayed, or supply chains …
