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Category Archives: Business

Legal26

What You Can Do as Government Seeks to Collect Unpaid EIDL Loans

By Kelley Kaplan & Eller |

Did your business receive a loan from the US Small Business Administration (SBA) through a pandemic stimulus program such as the Paycheck Protection Program (PPP) or the Economic Injury Disaster Loan (EIDL) program? If so, and particularly if you owe money on an EIDL loan, your loan could be past-due or your Hardship Accommodation… Read More »

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BusinessContract

How Can a Lawyer Help with My Business’s SBA EIDL Loan?

By Kelley Kaplan & Eller |

When the COVID-19 pandemic began in the United States, small businesses in Florida and across the country suffered immensely. Recognizing the risk of closure and significant losses that many businesses were facing, the US Small Business Administration (SBA) made certain stimulus payments and loans available to a wide range of small businesses in varying… Read More »

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My Business Cannot Pay an SBA Loan: What Are the Options?

By Kelley Kaplan & Eller |

At the beginning of the COVID-19 pandemic, businesses in South Florida and across the country could not afford to remain in business with public health lockdowns in place. In response to the growing need for funding from small businesses, the US Small Business Administration (SBA) made a range of funding sources available. Some of… Read More »

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Differences Among Types of SBA Pandemic Funding and What Your Business Owes Now

By Kelley Kaplan & Eller |

The US Small Business Administration (SBA) has provided a range of funding options to small businesses in Florida, especially during the COVID-19 pandemic. Some businesses received loans, some received money that was akin to a grant, and others received a combination of the two. Now that many of the loans are due, businesses should… Read More »

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BusinessBankruptcyWallet

EIDL Hardship Accommodation Versus Reorganization Bankruptcy

By Kelley Kaplan & Eller |

Small businesses throughout South Florida are struggling with repayment concerning loans from the US Small Business Administration (SBA) provided as part of COVID-19 pandemic relief. In particular, many smaller companies in West Palm Beach and the surrounding area are facing repayment of loans received through the Economic Injury Disaster Loan (EIDL) program, provided by… Read More »

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BusinessBankruptcy

What Can I Do If I Was Billed for an EIDL Loan But Cannot Pay?

By Kelley Kaplan & Eller |

Did your business recently receive a bill from the US Small Business Administration (SBA) for a loan made through the Economic Injury and Disaster Loan (EIDL) program, or for another type of pandemic-related SBA loan? If you cannot pay, it is important to understand your obligations with regard to the loan as well as… Read More »

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BusinessLoan

Renewing a Hardship Accommodation on an SBA EIDL Loan

By Kelley Kaplan & Eller |

Did your business receive a loan from the US Small Business Administration (SBA) during the pandemic, and are you currently struggling with the terms of repayment? For many South Florida businesses that received SBA loans, and loans through the Economic Injury Disaster Loan (EIDL) program specifically, there are no existing pathways for forgiveness through… Read More »

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Obtaining SBA Loan Payment Extensions

By Kelley Kaplan & Eller |

The COVID-19 pandemic was extremely difficult on businesses throughout South Florida, and many business owners applied for loans through the US Small Business Administration (SBA), including loans through the Economic Injury Disaster Loan (EIDL) program. Based on data from the SBA, approximately four million small businesses across the country received EIDL loans up to… Read More »

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BusinessLit2

New Requirements Under the Corporate Transparency Act

By Kelley Kaplan & Eller |

What does your business need to know about the new requirements under the Corporate Transparency Act (CTA)? In addition to learning about the new requirements and how they will impact your business, it is also important to know that the experienced West Palm Beach business lawyers at Kelley Kaplan & Eller, PLLC are here… Read More »

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Legal18

What To Consider In Business Purchases And Sales

By Kelley Kaplan & Eller |

Are you considering the purchase or sale of a business in the West Palm Beach area? It is essential to work with an experienced West Palm Beach business law attorney from the start, whether you are planning to offer your business for sale or you are beginning to look at other businesses in the… Read More »

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