Last week, Oklahoma Governor Stitt announced the creation of the Oklahoma Business Relief Program to support businesses impacted by the coronavirus pandemic. The program utilizes $50 million in funds set aside from the...more
On April 9, 2020, the Federal Reserve announced that the Main Street Lending Program (the “Program”) had been established under the authority of Section 13(3) of the Federal Reserve Act, with approval of the U.S. Secretary of...more
Online applications are now being accepted for economic relief and technical assistance provided through the City of Oklahoma City’s new Small Business Continuity Program. The recently launched initiative, which consists of...more
The Small Business Administration issued an Interim Final Rule related to “Business Loan Program Temporary Changes; Paycheck Protection Program.” This Rule is effective on publication in the Federal Register and applies until...more
When the CARES Act was signed into law on March 27, 2020 it not only included the Paycheck Protection Program, but also expanded the Economic Injury Disaster Loan Program.
This expansion includes the following...more
Paycheck Protection Program
- These loans are going to be made by banks, credit unions and some other lenders, guaranteed 100% by the SBA.
- Eligible borrowers are any business concern, nonprofit, veterans...more
As of March 20, 2020, the U.S. Small Business Administration (SBA) has approved an Economic Injury Disaster Loan Declaration for all of Oklahoma’s 77 counties to help alleviate the economic injury suffered by your small...more
Sponsorships are not only a revenue generator for businesses, but a powerful way of boosting the visibility of brands. It’s why major stadiums and venues often bear the logo of a leading brand, or why you’ll see a soft drink...more