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Recent SBA FAQ’s Raise Questions About PPP Loan Fund Eligibility

By / News /

Thursday, April 30, 2020 By Dave Gaino, CPA | COVID-19 Response Team Recent headline news and updated FAQ’s from the SBA have brought the definition of the following statement into serious debate: “Current economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.” This was the statement that borrowers under …

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Ep56: Estate Planning, Trusts, and Podcasts

By / AGP Podcast: Sliced /

Chuck and Brittany are joined (remotely) by Matt Hochstetler, an estate and trust attorney in Canton, discussing all thing estate planning. Matt talks about how people can plan estates in multiple states (Ohio and Florida, for example), tax considerations for Ohioans looking to spend winters in Florida, the benefits of establishing a trust, and much …

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UPDATE: SBA to Resume PPP Loan Applications Monday

By / News /

The Latest Update from the SBA Friday, April 24, 2020 Dear Clients, Please review the announcement below published tonight by SBA for the Paycheck Protection Program. Contact your engagement team if you have not yet started your application  AGP’s COVID-19 Response Team   Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. …

UPDATE: SBA to Resume PPP Loan Applications Monday Read More »

BREAKING: Paycheck Protection Program and Health Care Enhancements Act Passed by Congress

By / News /

Thursday, April 23, 2020 Brewster’s Trillions: Earlier this evening and after much negotiation, Congress passed the Paycheck Protection Program and Health Care Enhancement Act, which the President is expected to sign later tonight. This bill is much simpler than previous COVID -19 legislation. It provides additional funding for the quickly depleted Paycheck Protection Program (PPP) …

BREAKING: Paycheck Protection Program and Health Care Enhancements Act Passed by Congress Read More »

Ep55: The Latest COVID-19 Developments for Business Owners

By / AGP Podcast: Sliced /

Chuck and Brittany are in their homes talking today with Sue Peirce, AGP’s COVID-19 Response Team leader in the wake of the current disruption for business owners across the state. Sue provides the latest developments in COVID-19 legislation, including expanded funds available for the Paycheck Protection Program (PPP), and what business owners need to do …

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FAQs: Allowable Uses and Forgivable Expenses

By / News /

FAQs – Allowable Uses and Forgivable Expenses April 22, 2020 Our COVID-19 Response Team developed the FAQ list below for the Paycheck Protection Program’s (PPP) allowable uses and forgivable expenses, including a grid. DOWNLOAD: FAQs – Allowable Uses and Forgivable Expenses DOWNLOAD: Comparison Chart – Allowable Uses and Forgivable Expenses As always, our COVID-19 Response Team …

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UPDATE: The SBA PPP and Sole Proprietors, Independent Contractors, & Partners

By / News /

The SBA PPP and Sole Proprietors, Independent Contractors, and Partners:  Guidance is Here Now April 16, 2020 If you’re one of the above, you’re either sweating through getting that critical SBA Loan # (as funds reportedly are drying up), or you have the money and you’re wondering how the forgiveness aspects relate to you. Welcome to …

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Are You Managing Cash Strategically through COVID-19? Let’s Find Out.

By / News /

NEW: AGP’s Crisis Cash Management Tool Wednesday, April 15, 2020 To those affected by COVID-19, The events that have unfolded over the last month continue to resonate and impact us in many ways. Our daily lives have been turned upside down, and normalcy, and daily routines have been redefined. However, what we have seen is …

Are You Managing Cash Strategically through COVID-19? Let’s Find Out. Read More »

The Fed Continues to Go All in with Main Street Lending Program

By / News /

By Chuck Mullen and Matt Silla – AGP COVID-19 Response Team Tuesday, April 14, 2020 But there’s a catch. A lot of them. This past Friday, the Federal Reserve published preliminary guidance on what amounts to a $75 billion equity investment to enable up to $600 billion in new financing support to small and mid-sized …

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