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Banking, Finance & Tax

Though the Federal Reserve has taken immediate measures to mitigate the damage the pandemic may cause to the economy, our experience tells us that businesses need to be prepared to deal with a multitude of issues, including drawing on lines of credit, refinancing fixed rate debt to take advantage of lower interest rates, avoiding defaults and covenant violations, non-renewals of revolving lines, appointment of receivers and loan workouts. Whatever you face, KJK’s Banking & Finance Coronavirus Response Team is here to help. 

     

    M&A in the COVID-19 Era

    By Demetrius Robinson We are now two-thirds of the way through 2020 with a majority of the year being spent navigating through the coronavirus pandemic. Not only has COVID-19 affected the health of people across the United States, but it has also had a major impact on our economy. From wage...

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    Status Check: Second Round of Stimulus

    By Scott Norcross A next round of stimulus is imminent. The questions is, when it will come? It seems there is universal agreement that there will be a second round of $1,200 stimulus checks, and this round will be more direct for Americans. In March, stimulus checks included up to $1,200 per...

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    Main Street Lending Program Expanded & Extended

    By Demetrius Robinson Recently, the Federal Reserve announced an expansion of the Main Street Lending Program (MSLP) and an extension of the program through Dec. 31, 2020. The Main Street Lending Program was originally established under the CARES Act in order to support lending to small and...

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    When Should You File Your PPP Forgiveness Application?

    By Jennifer Hart   The Paycheck Protection Program was a lifeline for many businesses during the early weeks of the COVID-19 pandemic. And while the application for forgiveness was released back in May (and revised in June), the SBA didn’t open its portal to lenders to start accepting forgiveness...

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    SBA Releases Updated PPP FAQ

    By Stephanie Mercado The Small Business Administration (SBA) has released new guidance on its Paycheck Protection Program (PPP) through an updated FAQ addressing 23 questions related to loan forgiveness. The new FAQs come as lawmakers negotiate a new COVID-19 relief package, which is expected to...

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    Contact Us

    If you have specific questions about any of the information in our articles, please reach out directly to the author or contact the Chair of the Banking & Finance Response Team, John Archer.

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    Meet our Team

    John Archer

    John Archer

    Chair

    Steven Marrer

    Steven Marrer

    Partner

    Anne Corrigan

    Anne Corrigan

    Partner

    Scott Norcross

    Scott Norcross

    Partner

    Samir Dahman

    Samir Dahman

    Partner

    Peggy Beistel

    Peggy Beistel

    Associate

    Justine Lara Konicki

    Justine Lara Konicki

    Partner

    Paige Rabatin

    Paige Rabatin

    Associate

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