Frank Granatino, Partner

update-1672349_1920.png?fit=1200%2C800&ssl=1
August 28, 2020

On Aug. 24, the Small Business Administration (SBA) and Treasury issued the latest interim final rule update to the Paycheck Protection Program (PPP) that seeks to clarify guidance related to owner-employee compensation and non-payroll costs. This guidance has been long-awaited and clears up several questions borrowers have had about forgiveness. Here are the main points.

evan-dvorkin-NCmog4xinew-unsplash-scaled-e1594057400296.jpg?fit=1200%2C857&ssl=1
July 6, 2020

When Matt Moore and his business partner Chance Adams started their craft beer bar 9 years ago, there was no plan for the business to take the place of Matt’s landscaping day job of 20 years. But, just three years later, they opened Martin City Brewing and have since added four restaurants throughout Kansas City to the mix. Today, Matt runs the business as the chief executive officer (CEO), fully transitioning out of landscaping life and into that of restauranteur and entrepreneur.   

the-white-house-1623005_1920-1.jpg?fit=1200%2C683&ssl=1
July 5, 2020

President Trump has signed a five-week extension to the Paycheck Protection Program (PPP) which was unanimously agreed upon last week by the U.S. Senate and House of Representatives in an effort to continue providing relief for small businesses hit hard by the pandemic.

office-4249395_1920.jpg?fit=1200%2C800&ssl=1
May 27, 2020

On May 23, the Small Business Administration (SBA) issued an interim final rule for the Paycheck Protection Program (PPP) that included the loan forgiveness application guidance released May 15, as well as other updated guidance.  

help-2478193_1920.jpg?fit=1200%2C900&ssl=1
April 8, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27 provides $349 billion in funding for the Small Business Administration (SBA) in an effort to provide assistance and relief to America’s small businesses struggling under the weight of COVID-19. The Act includes a paycheck protection provision for small businesses by providing additional funding to the SBA for specific areas of need and expanding the SBA’s 7(a) loan program.  

paycheckmoney-3225050_1280-e1594135570627.jpg?fit=1200%2C941&ssl=1
March 31, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27 provides $349 billion in funding for the Small Business Administration (SBA) in an effort to provide assistance and relief to America’s small businesses struggling under the weight of COVID-19. The Act included a paycheck protection provision for small businesses by providing additional funding to the SBA for specific areas of need and expanding the SBA’s 7(a) loan program.