Charles Ciaccio

Last week, additional SBA guidance was issued providing additional clarity to the certification all PPP loan applicants must make that “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.” The new guidance language indicates in part that “Borrowers must make this certification in…

As companies begin to receive funds under the Paycheck Protection Program (PPP) Loans, they should keep in mind certain restrictions and guidelines regarding use of the funds. The funds are permitted to be used only for certain expenses. In addition, in order for a loan recipient to be eligible for…

The SBA indicated yesterday that all Congressionally appropriated funds for the Paycheck Protection Program loans (“PPP Loans”) have now been allocated. What does this mean for me? Even if you have not yet received your funding, you might still have your place in line for this first round of PPP…

Last week and over the past two days, new guidance has trickled out of the SBA regarding the Paycheck Protection Program loans (PPP Loans). Specifically, a third Interim Final Rule was issued  and the FAQ was updated. Below we’ve outlined important updates for you to know. Check our PPP resource…

KO client soona, a same-day photo and video production company, recently closed a $3.5 million Seed 2 round. The funding will support the company’s continued expansion and product development. KO partner Charles Ciaccio, attorney Elizabeth Ho and corporate paralegal Caitlyn Knudson represented soona in the financing. KO also represented soona in the development of…

Wedderspoon, the largest seller of Manuka honey in North America and first U.S. company to introduce the product, has secured a $5.5 million credit financing from Business Capital, a leading commercial finance firm. Wedderspoon’s customers include major national grocers and food retailers, online retailers and food distributors, including Kroger, Whole…

For the second year in a row, KO partner Charles Ciaccio was recognized on the Denver Business Journal’s shortlist of Who’s Who in Energy. The recognition goes to key players in the energy market. Charles is an advocate for strong business growth in the renewable energy space. His practice focuses on representing a variety…

KO client soona recently closed on a $1.185 million financing that included the newly created Candor Clause, an open-source clause intended to promote a radically open dialogue between founders and their potential investors around sexual harassment. I recently talked with Liz Giorgi, co-founder of soona, a same-day professional photo and…