Resources tagged with 'Brandon K. Jones'


Paycheck Protection Program Flexibility Act and Other PPP Updates

Please see our previous client alerts regarding PPP loans here and here. There have been a number of recent updates regarding the Paycheck Protection Program (“PPP”).  On June 5, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (“PPPFA”), which enacted important changes to the program designed to make the Act more accommodating for borrowers.  In addition, the Small Business Administration (“SBA”) has also released the forgiveness applicati ...
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SBA Updates Guidance on PPP Loan Good Faith Certification

The Small Business Administration (SBA) has just released new guidance on how it will review the good faith certification that all Paycheck Protection Program (PPP) borrowers must make when they submit their applications for PPP loans.  Under the PPP, all borrowers must certify in good faith that “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.”  The SBA previously threatened audits and potential civil and criminal penalt ...
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Ensuring PPP Loan Compliance and Avoiding Potential Penalties

This client alert contains guidance that has recently been updated.  Click here to read the most recent guidance.  The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) was launched on April 3, 2020, and the initial round of funding was exhausted on April 16, with more than 1.6 million small businesses receiving approval for loans totaling over $342 billion.  According to the SBA, the average loan size is $206,000.  Although the vast majority of loans were under $1 ...
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N.C. Secretary of State Extends Delinquency Date for Annual Reports

Annual reports (and the associated fees) for most North Carolina business entities, including corporations and LLCs, must be filed with the North Carolina Secretary of State no later than April 15 of each year. On April 7, 2020, the office of the Secretary of State made an announcement stating that although the office lacked the statutory authority to extend the filing date for annual reports and associated fees, it would not consider reports and fees to be delinquent if they are received by ...
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Carruthers & Roth Expands Litigation Team with Addition of Brandon Jones

GREENSBORO, N.C. - Today Carruthers & Roth, P.A. announced that attorney Brandon Jones has joined the firm’s Litigation practice area where he will focus on defending healthcare providers against medical malpractice claims. Brandon has prior experience in a wide range of litigation practice areas, including business and contract disputes, construction law, real property disputes, personal injury and family law. “We are delighted to have Brandon join our team,” said Norman Klick, ...
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