by Michael Adler | Jul 27, 2020 | Blog, Breaking News
It is important to safeguard small businesses from being taken advantage of by the big banks who are refusing to pay out congressionally mandated agent fees. By all measures, the CARES Act and its Paycheck Protection Program (“PPP”) have been great...
by Michael Adler | Jul 24, 2020 | Blog, Breaking News
CHARLOTTE, N.C. (WBTV) – A Charlotte accounting firm filed a class-action lawsuit against some of the country’s biggest banks, including Bank of America. They claim, that after helping small businesses apply for PPP loans, the banks are refusing to pay their...
by Michael Adler | May 23, 2020 | Blog, Breaking News
Fees Due to PPP Lenders and Agents The Department of Treasury’s PPP Information Sheet details the amounts that PPP lenders will receive from the government as processing fees. The Treasury’s guidance provides that the SBA will pay the following processing fees for PPP...
by Michael Adler | May 23, 2020 | Blog, Breaking News
Banks are grabbing a couple of billion that was meant for accountants and others who helped businesspeople sort out the complexity of the Paycheck Protection Program. I spoke with Michael Adler of GrayLaw Group, Inc., who has started the ball rolling on a class-action...
by Michael Adler | Apr 27, 2020 | Blog, Breaking News
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