John Gaddis

KO client Nanospectra Biosciences, a medical device company that is pioneering a novel use of nanomedicine to destroy tumors without damaging adjacent healthy tissue, recently closed a $3 million Series B-1 financing with total approved capital of up to $6 million. The financing will be used for additional development and…

KO tech client PAIRIN recently closed a $2.1 million Series A investment to scale and grow the company at this pivotal time. PAIRIN’s platform seeks to make the hiring and screening process more equitable, and it can be customized to meet the needs of clients, like the state of Colorado,…

Below we’ve summarized potential implications of the latest SBA updates to the Paycheck Protection Program (“PPP”) Loans. “Safe Harbor” for Returning PPP Loan Funds Extended to May 18 The application for a PPP Loan required the applicant to certify that “current economic uncertainty makes this loan request necessary to support…

While it’s critical to stay informed during this challenging time, businesses and employees alike are being inundated with information and resources regarding the COVID-19 pandemic, including the host of new laws that have been passed. We’ve provided this resource page to help you quickly access the most timely updates. To…

Below we’ve summarized recently released information related to the Paycheck Protection Program Loan (“PPP Loan”) program. New Guidance With Regard to the Certification of “Necessity” of PPP Loan. The application for a PPP Loan required the applicant to certify that “current economic uncertainty makes this loan request necessary to support…

Below we’ve summarized recently released information related to the Paycheck Protection Program (PPP) Loans. $20 million Cap on PPP Loan Funds Available to “Corporate Groups” Businesses that are part of a “single corporate group” may receive only up to $20 million of PPP Loan funds in the aggregate. This limitation…

KO client National Credit Care, a leading provider of credit rehabilitation services, recently announced that it has secured a growth capital investment from Long Ridge Equity Partners and Fenway Summer. The investment will enable Colorado-based National Credit Care to continue to grow and enhance its nationwide, industry-leading product and service…

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…