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...

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...

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...