Apple Growth Partners

COVID-19 Response Team

New SBA Qualification Questionnaire Requirement for PPP Loans in Excess of $2M

November 3, 2020 By Robert Jackson, CPA | COVID-19 Response Team Last week, the SBA announced that it will be issuing two new questionnaires for those borrowers who, together with their affiliates, received Paycheck Protection Program (PPP) loans of $ 2,000,000 or greater. The questionnaires are designed to help the SBA determine the extent of loan …

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Main Street Lending Portal Now Open for Loans

November 2, 2020 By Dmitriy Berkovich, CPA | COVID-19 Response Team From the Federal Reserve website: The Federal Reserve Board on Friday adjusted the terms of the Main Street Lending Program in two important ways to better target support to smaller businesses that employ millions of workers and are facing continued revenue shortfalls due to …

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Ohio’s COVID Relief Grant Programs

Tuesday, October 27, 2020 On Friday, October 23, 2020, Governor DeWine and the Ohio Development Services Agency announced two new COVID Relief grant programs for Ohio companies: Small Business Relief Grant Grant summary $10,000 Grant Accepting applications November 2, 2020 Eligible Businesses For-Profit Entity Employs at least 1 and no more than 25 Ohio Employees …

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Ep72: Understanding the Employee FICA Deferment

Hot off the press! We have a special episode this week with the latest news on the employee FICA deferment. Taylor Lorenz from AGP’s COVID-19 Response Team joined Chuck and Brittany just yesterday (9/8/20) to discuss the latest developments from the Presidential order, what employers need to do, what employees should know, and more. Taylor …

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Now Open for Nonprofits: Main Street Lending Program Accepting Submissions

September 4, 2020 By Dmitriy Berkovich, CPA | COVID-19 Response Team From The Federal Reserve Announcement Today:  The Federal Reserve Bank of Boston on Friday announced that the Main Street Lending Program is now fully operational and is accepting submissions of eligible loans to nonprofit organizations, submitted by registered lenders. The Federal Reserve encourages registered …

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Ep70: Crisis Communication in the Year 2020

It’s not if your company will have a crisis, it’s when. It’s the year 2020 – companies are facing concerns with COVID-19 (“What if an employee/customer/vendor/volunteer gets the virus?”), along with the liability that employees can be caught on camera at all hours displaying concerning behaviors that are not part of the company’s mission and …

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Main Street Lending Extended by Three Months

August 3, 2020 By Dmitriy Berkovich, CPA | COVID-19 Response Team The Federal Reserve Board on Tuesday announced an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30. The three-month extension will facilitate planning by potential facility participants and provide certainty that the facilities will continue …

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