Two months ago we discussed the questions that lenders should be asking their borrowers. This is the updated version as of Aug 18, 2020.

Perry will serve as a Senior Managing Director, heading up the operations in the northeast United States, including the New York City area.

Each month we post an overview article that covers our recent company articles, announcements, and insights. This is for the month of July.

This article covers our recent company articles, announcements, and insights. Below is for the month of June.

Steve will serve as a Managing Director to meet FMG’s growing activity levels for its turnaround management team and corporate restructuring

We have seen changes to the PPP, and expect additional clarifications. We are now seeing changes to the Main Street Loan program

The House and Senate have passed changes to the PPP loan forgiveness, & have changed the repayment requirements for amounts not forgiven.

Each month we will be posting an overview article that covers our recent company articles, announcements, and insights. This post is for May

Milosz will serve as a Business Analyst to meet the firm’s growing demand for its turnaround management and corporate restructuring services

The Main Street Loan Program has changed significantly since our original description of the program when it was under discussion in April.

Accounts payable management seems to be causing the most stress for companies and their employees right now.

Each month we will be posting an overview article that covers our recent company articles, announcements, and insights. Below is for April.

Be alert that there will be additional scrutiny for any PPP loan over $2 million prior to forgiveness.

Under the CARES Act, small businesses have access to the Payroll Protection Program (“PPP”) which is expected to receive additional funding

We discuss creative accounting methods related to the Payroll Protection Program, specifically the CARES Act’s payroll tax deferral program

Last week we discussed the income statement. This week, we will discuss the accounting for the PPP funds and working capital management.

Matt will serve as Managing Director to fulfill the firm’s growing demand for its turnaround management and corporate restructuring services

There are several ways the US has developed help packages already, and more are under consideration. Read more about the available options.

While the Covid-19 situation is unprecedented, the ability to work through difficult times is what we do every day. Call us and talk to us.

Out of the firm’s Chicago office, Patrick will serve as Marketing Coordinator to help develop the firm’s branding and corporate messaging.