Author: Calvin McRae

CARES Act Programs Available to Small Businesses

As we continue to monitor the evolving policies enacted in response to COVID 19 we are working to connect you to information and resources that can help. The following information offers an overview of an article provided by Kilpatrick Townsend and Stockton, LLP detailing the following programs: Paycheck Protection ProgramEconomic Injury Disaster Loans Main Street… Read More »

City Officials Discuss COVID 19 Efforts

Today we welcomed City Councilmembers Robert Clark (West Ward) and Jeff MacIntosh (Northwest Ward) to lead a conference call discussing the City of Winston-Salem’s response to COVID 19. They shared a wealth of information about what the City is doing to serve the needs of the community and local businesses.   Community Relief and Recovery Efforts  Mask the City: The… Read More »

Main Street Lending Program

The Main Street Lending Program (MSLP) is a new lending program being offered by the Federal Reserve (The Fed) to provide relief for businesses during the COVID-19 pandemic and accompanying economic downturn. Unlike the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds, these programs are not administered by the Small Business Administration… Read More »

Social Distancing Actions for Retailers and Unemployment Guidance for Employers

Governor Roy Cooper took additional actions to the address the spread of COVID-19 in North Carolina by issuing stronger social distancing requirements and speeding up the process to get benefits to people out of work. The key provisions of the order are requirements that retail stores still in operation have to implement new social distancing… Read More »

The CARES Act: Payroll Protection Program VS. Economic Injury Disaster Relief

This morning we hosted a conference call about the CARES Act legislation and what options are available for small businesses affected by COVID 19. You can listen to the call here: CARES Act Q&A The opinions expressed in this recording are for general information purposes and are not intended to be, and should not be… Read More »

Payroll Tax Credits for Employers and the Self-Employed

As we continue to monitor COVID-19 and the impacts it has on all of us, we are aggregating frequently asked questions and consulting industry experts to find the answers you need. Tomorrow, we’ll host a conference call on the CARES Act with industry experts from Kilpatrick, Townsend, and Stockton, LLP. Cares Act Q&A Today we… Read More »

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