Economic Impact Payments As part of the C.A.R.E.S. Act the Federal Government Economic is issuing funds to each and every American up to $1200.00 per person and an additional $500.00 per child provided you meet the criteria outlined for the program: U.S. residents will receive the Economic Impact Payment of $1,200 for individual or head [...]
Paycheck Protection Program Update: Twelve days ago we submitted our pre-application for the Payroll Protection Program (PPP) through Wells Fargo. Late yesterday afternoon we received access to the next step in the process - the ability to submit our actual PPP application. As of 5:15 pm yesterday we officially submitted our application for the PPP. [...]
Governor Newsom's Latest Announcement At 12:00 p.m. today Governor Newsom laid out a complex guideline for the beginning of a return to some sort of new normal in California and an eventual return to work. In this live broadcast he presented some "likely changes" that may be required as we venture back out into the [...]
L.A. County "Stay at Home" Extended At 1:30 pm today the Los Angeles County Board of Supervisors announced that the "Stay at Home" order for all of Los Angeles County has been extended through May 15th, 2020. This means that, per this new order, we will not be able to reopen any of the L.A. [...]
How Are You Doing? We have all crossed over the 3 week hurdle and not a day goes by that I don't think of all of you and how you are holding up amid this rather insane period in human history. It is my hope that you and your family are all well and that [...]
Paycheck Protection Program Update: I have done a lot of research on the reasoning behind the Wells Fargo failure to provide businesses with Payroll Protection loans. Their limitations in the program stem from a little spoken of restriction placed on them by the Federal Reserve (not affiliated in any way with the Federal Government). The [...]
Paycheck Protection Program Update: So, over the weekend our bank of more than 30 years, Wells Fargo, finally provided a link to "pre-apply" for the Payroll Protection Program (PPP) at around 8:15 am on Saturday to be specific. I immediately submitted for our pre-applicaiton and received a notice that they would reach out to us [...]
Paycheck Protection Program Update: Over the last few days I have worked with Oscar to prepare the application and appropriate documents for our submission in the Federal Government's Payroll Protection Program, which began accepting applications this morning. I made an appointment to meet with our banker several days ago and I have spent hours on hold [...]
Paycheck Protection Program If you are following the National news, the President recently signed the Coronavirus Aid, Relief, and Economic Security Act” (CARES Act). This legislation provides over 2 trillion dollars to help re-stimulate the economy and to assist businesses with under 500 employees who have been adversely impacted due to COVID-19. This legislation allows [...]
Update on Evicitons From the Los Angeles Times 27 March, 2020. By LIAM DILLON STAFF WRITER With April 1 fast approaching, Gov. Gavin Newsom and the L.A. City Council on Friday expanded efforts to prevent residential evictions during the coronavirus pandemic. But the governor and councilmembers dismissed calls for broader action that housing advocates say would [...]
