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Category: General

Frequently Asked Questions about the Paycheck Protection Program (PPP) Loans Under the CARES Act

4/1/2020 | Articles & Alerts, General, News & Resources

What is the PPP Loan Program? This is an expansion of the SBA Section 7(a) loan program to incentivize employers to retain and pay its employees using loan proceeds of up to $10 million which can be paid back over up to 10 years at a maximum interest rate of 4%. These PPP loans may also qualify for tax-free loan forgiveness of up to 8 weeks of the employer’s operating costs. Who qualifies as an Eligible Employer? Any business that […]

CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY (CARES) ACT SUMMARY

4/1/2020 | Articles & Alerts, General, News & Resources

Below is a summary of the highlights of the CARES Act, including those relating to expanded SBA (potentially forgivable) Loans programs, Unemployment Compensation and Other Individual Benefits, and certain Tax Incentives. The just enacted federal CARES Act offers significant financial support to “small” businesses and individuals who have suffered economic impact from the COVID 19 pandemic. A summary of those portions of the Act which provide benefits to small businesses, individual employees and their families, and certain tax incentives, follows. SMALL […]

Kaplin Stewart has decided to close its physical offices in the hopes of containing the threats posed by COVID-19.

3/16/2020 | Articles & Alerts, General, Media, News & Resources

Kaplin Stewart has decided to close its physical offices in the hopes of containing the threats posed by COVID-19. We took this step not because anyone in our offices has contracted the virus but in an abundance of caution to protect you, our clients, as well as our employees. While our physical plant may be closed, we remain ready, willing and able to provide the same high quality legal services that we strive to provide every day. The vast majority […]

The Corporate FunRun Greater Philadelphia 5k

10/16/2019 | Events & Seminars, General, News & Resources

On Tuesday, August 20th Kaplin Stewart’s team meet at Montgomery County Community College in Blue Bell to participate in the Corporate FunRun Greater Philadelphia 5k event. The Leukemia and Lymphoma Society (LLS) is the exclusive charity partner. The party featured food, beverages and music. It was a hot night, but we all made it to the finish line. Thank you, racing team and Kaplin Stewart, for supporting a great cause.