Paycheck Protection Program Update

Banking on forgiveness of your Paycheck Protection Program (PPP) loan, that may not be your biggest problem…. remember the certifications in your PPP loan application? The SBA has decided that it will review all loans in excess of $2 million as well as other loans as...

COVID-19 and Nonprofits: How to Operate Virtually

The Governor’s Stay at Home Order is now extended through April 30. Many nonprofit organizations will, at a minimum, need to conduct essential functions and board business during this time. How can this task be accomplished? Fortunately, Michigan nonprofit law...

What is in the CARES Act for Nonprofits? FAQ’s Answered

Nonprofit organizations, in addition to for profit organizations, can take advantage of the direct financial relief offered under the Coronavirus Aid, Relief, and Economic Security Act “CARES Act”. What direct financial relief is available for nonprofit organizations?...

It’s Here! COVID-19 Relief for Small Businesses

Small businesses should be aware of the government backed relief programs available to them during the COVID-19 pandemic. Among the programs are Federal retention loans, debt relief and grants. The CARES Act (Senate approved on March 25, House approved on March 27)...