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Stephen Klein Discusses PPP Loan Eligibility for Small Businesses in the AJC

By Business Restructuring & Bankruptcy Consulting, News

Nearly one year after the launch of the SBA’s Paycheck Protection Program (PPP), many small business owners are still struggling to access the financial aid needed to stay afloat. The complexity of the program’s forms, requirements and rule changes has created barriers for small business owners, who may not have access to a knowledgeable source.

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Stephen Klein Shares Insight on Second Round of Paycheck Protection Program Loans

By Business Restructuring & Bankruptcy Consulting, News, Tax Planning & Consulting

While the first round of the Paycheck Protection Program (PPP) provided a much-needed economic boost for businesses hit hard by the COVID-19 pandemic, many companies that received a loan have continued to struggle to stay afloat. At last, however, some of the hardest-hit industries now have a chance at survival due to the many improvements Congress built into the second round of PPP loans, which are now underway.

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Atlanta Business Chronicle Looked to BT’s Stephen Klein to Break Down PPP Loan Forgiveness

By Business Restructuring & Bankruptcy Consulting, News

The Atlanta Business Chronicle recently published an article that dives into the Paycheck Protection Program (PPP) requirements and whether businesses will be able to meet the obligation of using 75% of the loan proceeds on payroll costs. The publication turned to Stephen Klein, Managing Director of Bennett Thrasher’s Bankruptcy & Restructuring practice, for his insight on whether companies that offer bonuses to employees will see greater forgiveness from the Small Business Administration (SBA).

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