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COVID-19
RESOURCE CENTER
PPP Borrowers Service LENDERS

At KROST, our professional team has in-depth knowledge and expertise in PPP Loans. To date, KROST’s subject matter experts have assisted over 280 entities in obtaining and managing over $300 million in PPP and EIDL loans. We are providing PPP Forgiveness Application Review Service for Borrowers and Lenders.

- FEATURED SERVICES -

BORROWERS

PPP Loan Forgiveness Review

"KROST, big shout out for coming through when so many could not. The value of having a strong partner has never been so obvious. Your team has been a tremendous asset during COVID-19 and we appreciate you." - James Stratmann, Sunset Industrial Parts

Latest COVID-19 Update

  • Restaurant Revitalization Fund (RRF) Grant Help – Sign the Petition Now | Blog
    Congress passed a $28 billion recovery fund, estimated to be enough to fund roughly 100,000 grants for the restaurant industry. However, in just the first few days of launching it, the SBA received about 186,000 applications. In fact, the latest reporting indicates that the number has grown to 266,000 applications, requesting a total amount of dollars that is twice what is available in the fund. The SBA announced the first 16,000 applications had been funded with $2 billion. At this rate, the SBA will run out after the first two days of applications. The California Restaurant Association has been pushing Congress and the White House for more funding. This week, their partners at the National Restaurant Association launched a petition for more of this much-needed relief, and they need your voice. Please click on this link to add your name to the petition – https://p2a.co/B9Xqmxu You can also text … Read More

COVID-19 Relief Experts

Slide PAREN KNADJIAN SBA Loans Expert Paren Knadjian Slide STACEY KORMAN, CPA, MST SBA Loans Expert Stacey Korman, CPA - Los Angeles CPA Slide SOSSI BEKARIAN, CPA SBA Loans Expert Sossi Bekarian, CPA | Los Angeles CPA Firm Manager - Accounting Slide LISA ARANGUA HR/Related Expert Lisa Arangua | KROST Los Angeles CPA Firm Slide SO SUM LEE, CPA Real Estate Expert So Sum Lee CPA - Los Angeles CPA

COVID-19 Quick Links

Resources for Businesses

Tools & Resources

Latest Updates

External Resources

Department of Labor (DOL) Resources

PPP Budgeting and Forgiveness Maximization Tool

The PPP Budgeting and Forgiveness Maximization Tool allows you to budget and plan the use of PPP loan proceeds, on a week-by-week basis, to maximize forgiveness. This includes detailed staff planning, minimizing loan forgiveness reductions, and ensuring non-payroll related costs remain within the allotted 25%. Once you receive the loan, you can also enter the actual expenditure and the tool gives you a weekly actual vs budget report.

Other Helpful Resources

Department of Labor

The Wage and Hour Division provides information on common issues employers and employees face when responding to COVID-19.

Get Required FFCRA Posters for the Workplace

HUB International

HUB International is an insurance broker providing COVID-19 resources during a time of crisis.

Visit HUB's COVID Resource Center

Centers for Disease Control & Prevention

The CDC offers several resources such as how to protect yourself against COVID-19 and what to do if you think you are sick.

Visit the CDC Website

COVID-19 Recent Posts

Latest updates and resources regarding the coronavirus

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