On Tuesday, August 4, the U.S. Treasury and Small Business Administration released additional FAQs related to the Paycheck Protection Program (PPP) forgiveness process. The new FAQs primarily address transportation costs,…
Provider Relief Fund Expenditures May Trigger Single Audit: Here’s How Healthcare Providers Can Prepare
Payments from the Provider Relief Fund (PRF), distributed at the federal and state level as part of the CARES Act, offered a much-needed financial boost to healthcare providers impacted by…
Eight Areas to Consider When Evaluating Your Workforce Continuity Plan
For many companies, workforce continuity planning was relegated to the back burner in favor of day-to-day tasks or pressing deadlines. Then came the coronavirus pandemic, which disrupted business as usual…
Main Street Lending Program Expanded to Support Nonprofit Organizations
Educational institutions, hospitals, social service organizations and other nonprofits are now eligible to apply for funding through the Main Street Lending Program (MSLP), thanks to a recent expansion of the…
New Payday Loan Alternative Offers More Benefits for Credit Unions and their Members
Credit unions now have another option to offer members quick access to funds without the high interest rates, rollovers and balloon payments that accompany traditional payday lending options. In September…