by KNSS | Mar 18, 2021 | 2021 March Newsletter, COVID-19
Last week, President Biden signed the most recent government stimulus bill, the American Rescue Plan Act of 2021. This $1.9 trillion stimulus package was passed with hopes of speeding up an economic recovery due to the Pandemic. Two key elements of the bill focused...
by KNSS | Feb 24, 2021 | 2021 February Newsletter, COVID Misc Practices, COVID-19
The SBA offers several different relief options to help small practice owners recover from the impacts of COVID-19. Please note these very important facts about the PPP Loan program: The PPP Loan is available to self-employed physicians, dentists, and mental health...
by KNSS | Dec 28, 2020 | 2020 December, COVID-19
Over this past weekend, President Trump moved forward and signed the COVID-19 relief bill. This legislation had expeditiously passed both the House and Senate the past Monday and was waiting for the president’s signature to make it official. This bill is the second...
by KNSS | Dec 28, 2020 | 2020 December, COVID Misc Practices, COVID-19
During the spring, the SBA offered practice owners an Economic Injury and Disaster Loan of up to $150k in addition to the PPP Loan of 2.5 times eligible monthly payroll costs and the EIDL Advance of $1k per employee, up to $10k. While almost all our clients accepted...
by KNSS | Dec 28, 2020 | 2020 December, COVID Misc Practices, COVID-19
According to the ADANews at: https://www.ada.org/en/publications/ada-news/2020-archive/december/hhs-provider-relief-fund-phase-3-payments-underway: The U.S. Department of Health and Human Services said Dec. 16 that the next round of Provider Relief Fund distributions...
by KNSS | Dec 28, 2020 | 2020 December, COVID Misc Practices, COVID-19
Last week the Massachusetts Growth Capital Corporation (MGCC) started paying out the first round of the Covid-19 Grants totaling $50.8 Million to just over 1,100 of the 10,000 business that applied. A few of our clients with practices received this $75k grant. The...
