Fitzpatrick Lentz & Bubba Adds Two Attorneys In Key Practice Areas
Fitzpatrick Lentz & Bubba, P.C. (FLB) is pleased to announce that attorneys Anthony (“Sonny”) P. Beltrami and Justin K. Abodalo have joined the Firm as Associates. Their hiring is part of an ongoing long-term strategic growth and expansion plan, aimed at strengthening the Firm’s core business areas. “While 2020 has been a challenging year, we’ve […]
Starting a Business? Avoid these Five Common Legal Mistakes
Starting a new business can be both exciting and daunting. Here are five common legal pitfalls that all start-ups should seek to avoid.
Northampton County Reopened Its COVID-19 Relief Grant Program
Good news for small businesses. On November 20, 2020, the Northampton County COVID-19 Relief Small Business Grant Program re-opened and is currently accepting applications. Northampton County Council has approved this Grant Program, in partnership with the Greater Lehigh Valley Chamber of Commerce, that will distribute $1.3 million dollars of CARES Act Funds to Northampton County […]
Getting Ready for LIBOR to Disappear
Most of FLB’s business clients borrow money from commercial lenders, such as banks and credit unions. If any of your loans are priced on the basis of LIBOR (London Interbank Offered Rate), you have probably heard that this is going to change. The “sun will set” on LIBOR at the end of 2021, and lenders […]
New SBA Questionnaires for PPP Borrowers with Loans $2 Million and Above
On October 26, 2020, the U.S. Small Business Administration (SBA) issued a notice that it intends to release two new forms relating to borrowers’ good faith certifications that current economic conditions made the Paycheck Protection Program (PPP) loan necessary to ongoing business operations. The new documents are Form 3509 – Loan Necessity Questionnaire (For-Profit Borrowers) and […]
This way to the Brexit.
Whether there is a Brexit deal or not, changes are coming as of January 1, 2021. At that point, the United Kingdom will no longer be part of the European Union. Whether you import or export (or both), there is a good chance that you will be affected. Many of our clients have used the […]
Paycheck Protection Program (PPP): Beware of Email Scams
The United States Small Business Administration (SBA) has issued a warning about email scams related to the Paycheck Protection Program (PPP) and its borrowers. Borrowers are reporting receiving emails from “sba-attorneys.com” that inform the recipient PPP funds were issued to them erroneously and action must be taken to avoid “potential criminal liability.” This email is […]
Webinar: Protect Your Hospital’s Nonprofit Status — Preparing for Local, State and Federal Challenges
Challenges to the nonprofit status of hospitals and health systems are becoming increasingly common, with attacks coming from multiple fronts. Many nonprofit hospitals and health systems are facing litigation, the results of which could be very costly. FLB will be co-hosting a live webinar featuring Chair of our Corporate, Business & Banking Group, Marie K. […]
SBA Procedural Notice for PPP Loan Forgiveness
On July 23, 2020, the Small Business Administration (SBA) issued a procedural notice to lenders participating in the Paycheck Protection Program (PPP) concerning the loan forgiveness application process. The notice informs lenders that beginning August 10, 2020, they may begin submitting forgiveness applications through an online platform. The notice states that the SBA intends to […]
COVID-19 Hazard Pay Grant Program Available in PA
On July 16, 2020, Pennsylvania Governor Tom Wolf announced the availability of $50 million in grant funding to assist employers in providing hazard pay to employees performing life-sustaining jobs during the COVID-19 pandemic. The intent of the COVID-19 Hazard Pay Grant Program (Program) is to ensure that front-line employees in vital industries are able to […]