On May 22, 2020, the SBA released its Interim Final Rule on Paycheck Protection Program Loan Forgiveness (“IFR”). On June 5, 2020, the President signed the “Paycheck Protection Program Flexibility Act of 2020.” Both made...more
6/8/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Employee Retention ,
Loan Forgiveness ,
New Legislation ,
OSHA ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Safe Harbors ,
SBA ,
Small Business Loans
On the evening of May 15, 2020, the SBA released its long-awaited Paycheck Protection Program Loan Forgiveness Application and Instructions. Completing the application is fairly straightforward. But to complete the...more
Now that the country has experienced the First Day of the rollout of the Paycheck Protection Program, there has been feedback in the press and from our borrower and lender clients about issues they encountered. Reviewing...more
4/9/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Financial Stimulus ,
Lenders ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
The Small Business Administration issued an Interim Final Rule related to “Business Loan Program Temporary Changes; Paycheck Protection Program.” This Rule is effective on publication in the Federal Register and applies until...more
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), among other things, established a loan program for small businesses that can immediately infuse working capital to pay certain payroll costs and other...more
4/3/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Financial Stimulus ,
Lenders ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
SBA ,
SBA Lending Programs ,
Small Business
Paycheck Protection Program
- These loans are going to be made by banks, credit unions and some other lenders, guaranteed 100% by the SBA.
- Eligible borrowers are any business concern, nonprofit, veterans...more
With the medical marijuana licensing process now underway in Oklahoma, it might be well to consider some of the effects that holding a patient or commercial license have on an individual’s ability to exercise the right to...more
9/24/2018
/ ATF ,
Controlled Substances ,
Controlled Substances Act ,
Drug Trafficking ,
Federal Crimes ,
Federal Sentencing Guidelines ,
Federal v State Law Application ,
Firearms ,
Gun Laws ,
Licensing Rules ,
Marijuana Related Businesses ,
Medical Marijuana ,
Right to Bear Arms ,
Second Amendment ,
Sellers ,
Sentencing Enhancements ,
Stand Your Ground Laws ,
Use in Commerce
While the vast majority of U.S. banks and credit unions have opted not to offer banking services to marijuana-related businesses (MRBs) due to the significant legal and financial risks involved, one credit union in...more
Months prior to the vote on SQ 788, attorneys were fielding inquiries about the legal requirements necessary to participate in the medical marijuana industry. Those inquires have multiplied immensely since the passage of SQ...more
7/3/2018
/ Decriminalization of Marijuana ,
Dispensaries ,
Federal v State Law Application ,
Law Firm Associates ,
Law Firm Partners ,
Legal Advice ,
Legal Ethics ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
New Legislation ,
Rules of Professional Conduct ,
State Bar Associations
Typically, physicians collect co-payments from patients when services are provided, submit claims for reimbursement to government and commercial payers, and then send bills to patients for the balance owing. The payment and...more
8/3/2015
/ Billing ,
Consumer Credit Protection ,
ECOA ,
Finance Charges ,
Health Insurance ,
Interest Rates ,
Notice Requirements ,
Office of Consumer Affairs ,
Patients ,
Payment Plans ,
Physicians ,
Truth in Lending Act (TILA)