NEWS & INSIGHTS

UPDATE:  SBA Loan Eligibility FAQs

UPDATE: SBA Loan Eligibility FAQs

Certain government programs, including SBA loan programs, are reserved for “small businesses.” In order to qualify for those programs, a business must satisfy both the SBA’s definition of a “small business concern” as well as the size standards for a small business.

CARES Act Programs and Initiatives for Small Businesses

CARES Act Programs and Initiatives for Small Businesses

On March 27, President Trump signed into law the Coronoavirus Aid, Relief, and Economic Security (CARES) Act intended to assist business owners.  Major programs and initiatives in the act include: Paycheck protection program loans, Small business debt relief program, Economic injury disaster loans and emergency injury grants, Small business counseling, Small business Contracting, Small business tax provisions. The U.S. Senate Committee on Small Business & Entrepreneurship has put together “The Small Business Owner’s Guide to the CARES Act” which details the provisions in the act.  Click here to view the guide.

Supporting Your Legal Needs During the COVID-19 Stay-at-Home Order

Supporting Your Legal Needs During the COVID-19 Stay-at-Home Order

Sanford, Pierson, Thone & Strean will maximize its ability to serve you virtually during this two-week period as follows. All Sanford, Pierson, Thone & Strean attorneys are equipped to work from home and will be available during the duration of the Stay-at-Home Order. Our office will have limited personnel on site to ensure our continued uninterrupted services in this Critical Sector.

Scam Alert and Tips from Minnesota’s Attorney General

Scam Alert and Tips from Minnesota’s Attorney General

We know that many of our clients are demonstrating their generosity by contributing to many different charities—tough times can truly bring out the best of us. Unfortunately, the opposite can also be true. I’ve already heard of scams seeking gift cards to help my “hospitalized” wife (she hasn’t been). Thus we want you to pass on these tips from Minnesota’s Attorney General if you are considering making a donation to help with Coronavirus issues.