![[Updated] Senate and House Pass Bill That Provides Additional Funding for PPP and EIDL Loans](https://www.krostcpas.com/wp-content/uploads/Senate-and-House-Pass-Bill-That-Provides-Additional-Funding-for-PPP-and-EIDL-Loans.jpg "[Updated] Senate and House Pass Bill That Provides Additional Funding for PPP and EIDL Loans")
As reported widely, the US Senate and House is taking action to re-open the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program by allocating additional funds to both. The Senate and House have passed a Bill, in the form of an amendment to the CARES Act, that makes $484 billion of Read the full article…
On April 9, 2020, the Federal Reserve announced additional actions to provide up to $2.3 trillion in loans to support the economy. This funding is aimed at small to medium-size businesses and state and local governments. Part of these new measures included the announcement of the Main Street Business Lending Program consisting of the Main Read the full article…
On April 9, 2020, the Federal Reserve announced additional actions to provide up to $2.3 trillion in loans to support the economy. This funding is aimed at assisting employers of all sizes and bolster the ability of state and local governments to deliver critical services during the COVID-19 pandemic. Specifically, they announced: The Paycheck Protection Read the full article…
![[Updated] The Economic Injury Disaster Loan (EIDL) Program vs The Paycheck Protection Program (PPP) – Comparison Chart](https://www.krostcpas.com/wp-content/uploads/The-Economic-Injury-Disaster-Loan-EIDL-Program-vs-The-Paycheck-Protection-Program-PPP-1.jpg "[Updated] The Economic Injury Disaster Loan (EIDL) Program vs The Paycheck Protection Program (PPP) – Comparison Chart")
Updated on April 7, 2020 – Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners in all US states, Washington D.C., and other US territories. EIDL loans are now available. In addition to Read the full article…
On April 2nd, 2020, California Governor Gavin Newsom unveiled a series of new measures to aid small businesses and help California workers who have lost work due to the COVID-19 Pandemic. In addition to encouraging small businesses to apply to the federal loans available, the Governor also announced that the state is allocating $50 million Read the full article…
![[Update] Paid Family Leave and Sick Leave Amendments as Part of the Families First Coronavirus Response Act (FFCRA)](https://www.krostcpas.com/wp-content/uploads/FFCRA.jpg "[Update] Paid Family Leave and Sick Leave Amendments as Part of the Families First Coronavirus Response Act (FFCRA)")
On March 18, 2020, President Trump signed into law H.R. 6201: The Families First Coronavirus Response Act. The Act has many provisions, including increasing Medicaid funding, expanding unemployment benefits, and providing Coronavirus testing at no cost to consumers. The Act also includes an amendment to the Family and Medical Leave Act of 1993 – referred Read the full article…
Wondering what’s in store for FinTech in 2020? M&A and Capital Markets Practice Leader and KROST’s Technology Industry group leader Paren Knadjian offers insight into FinTech trends to watch for in the coming year. “The use of Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP) will have the same level of impact Read the full article…
Our Mergers and Acquisitions practice leader, Paren Knadjian, will be attending the Association for Corporate Growth(ACG) Los Angeles Business Conference. Join us for the conference from September 17th to September 18th at the The Beverly Hilton Hotel located at 9876 Wilshire Blvd, Beverly Hills, CA. ≫Register The ACG LA conference will bring together business advisors, deal Read the full article…
Our Mergers and Acquisitions practice leader, Paren Knadjian, will be speaking at the Private Directors’ Association to discuss the role of board directors in M&A transactions. Join us for the panel the morning of September 12th from 7:30am – 9:30am at the Law Offices of Polsinelli located at 2049 Century Park East, Suite 2900. Breakfast Read the full article…
M&A and Capital Markets Practice Leader Paren Knadjian recently published an article for our newest KROST Quarterly Magazine: The Financial Services Issue titled “FinTech M&A and Market Report H1 2019”. The Financial Technology market (FinTech) continues to grow and flourish in 2019 with Venture Capital (VC) aggressively funding start-ups, Private Equity (PE) firms active in Read the full article…
