On Monday, April 13, 2020, AlvaradoSmith attorneys Thomas A. Zeigler, Jerry J. Ruiz, and Monisha Coelho, with assistance from the Orange County Inland Empire Small Business Development Center Network presented “RELIEF LOANS: Next Steps Under the Paycheck Protection Program and Other Financial Assistance to Help You Stay in Business”.

The Presentation PDF is available HERE.

The response was overwhelming with numerous questions pouring in during the webinar. We have compiled common questions asked and their answers in this Webinar Q&A HERE.

Businesses affected by COVID-19 can get up to $10 million in forgivable loans and grants to cover payroll, cashflow, and other eligible expenses under the Payroll Protection Program of the new CARES Act, 2020.

The hour-long webinar provided business owners with information on:

  • Converting Paycheck Protection Program (PPP) amounts into Forgivable Loans or Tax-Free Grant Options;
  • Economic Injury Disaster Loan (EIDL) Program;
  • Newly approved Main Street Expanded Loan Facility; and
  • Business Aid programs available at the City, County, and State levels.

The webinar was co-hosted with our friends at the Latino Food Industry Association, Los Angeles Latino Chamber of Commerce, Orange County Hispanic Chamber of Commerce.

 

AlvaradoSmith’s Business Continuity Update:

 

In these uncertain times, we remain dedicated to our clients and will continue to provide the quality of support and advice that you have come to expect from AlvaradoSmith.

Our professionals are now telecommuting to continue to meet the needs of our clients while complying with the California State Public Officer’s order for all individuals living in the State of California to stay home. The firm will remain fully operational during this time.

We want to take this opportunity to share how AlvaradoSmith’s business continuity plan is navigating the Novel Coronavirus landscape as attorneys and staff continue to serve clients.  READ MORE